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Technology Stocks : Walt Disney
DIS 104.47+1.0%Nov 28 9:30 AM EST

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To: rrufff who wrote (1669)6/9/1999 10:46:00 AM
From: Feathered Propeller  Read Replies (1) of 2222
 
FWIW:Tracking stocks are essentially derivatives, having no assets to which an inherent value can be attached. There are no voting rights attached. From an accounting standpoint, I would expect "intercompany" accounting to be irrelevant since the entity exists only to mirror stock performance.

This is one instance that I happen to agree with Cramer.

JCC
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