Technology Solutions Company (TSCC) Upcoming Spin-Off Message Board

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Technology Stocks : Technology Solutions Company (TSCC) Upcoming Spin-Off

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To: George Kouris who wrote (26)	2/4/2000 7:59:00 PM
From: Trenton A. Scott	of 38

The spin off was delayed a few weeks by the SEC due to back-log and recent bad weather; however, the SEC has approved the 1-for-1, tax-free distribution of ELOY shares to current TSCC shareholders. ELOY shares should be trading on the NASDAQ within two weeks. I really don't know why we've seen a $6 drop in price; it seems strange that anybody would bolt right before the distribution date; perhaps some of those who bought TSCC < $10 are simply itching to take profits, losing patience for the upcoming spin-off. I'm not too concerned, since I'm holding my shares for the long term, expecting good growth the next few years and resulting price appreciation with splits.

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