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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (74988)2/1/2000 2:27:00 PM
From: Don Lloyd  Read Replies (1) of 132070
 
MB -

Do you have any thoughts on the restructuring of Thermo Electron (TMO)?

In particular, after a significant re-organization, and a bunch of sales, there will be two new public companies partly paid out to TMO shareholders as stock dividends. What would you expect to happen to an in the money buy-write position after the record date passes? Is there a reasonable chance of getting the new shares for free?

TIA, Don
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