SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : QUANTUM
QNTM 10.24+1.5%11:54 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Greg Jackson who wrote (8749)5/1/1999 12:36:00 AM
From: Raptech   of 9124
 
What's the basis of assuming there will be a tracking stock? We're getting a bit ahead of ourselves with all the conversation of a tracking stock. And the $70 price discussion can't be serious????

A tracking stock is not a spinoff. QNTM would set up the tracking company and retain ownership, as well as sell shares in the open market. Current QNTM shareholders would own the tracking stock by virtue of their QNTM shares, and would not be issued shares in the tracking company. This is how it has been done with with other companies, but of course QNTM could set it up anyway they deem fit.

Rap
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext