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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.76+0.3%Dec 23 3:59 PM EST

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To: Jim Willie CB who wrote (71252)4/27/2000 1:01:00 AM
From: Gerald Walls  Read Replies (1) of 152472
 
tracker builds like components to a corporation
it carries debt and secondary issuance implications


But a tracking stock is not an ownership in those specific assets. They remain owned by the company. Trackers are accounting gimmicks designed to highlight undervalued assets. Didn't ZDNet just dissolve their tracker, exchanging common for the tracker?

wouldnt you prefer Nabisco to RJReynolds?
Nabisco has a millstone around its neck


A Nabisco tracking stocks would provide no asset protection from the tobacco liability. RJR can't even spin Nabisco off completely at this point because any attempt to do so would be viewed as an attempt to protect assets from judgement, unless extremely strong business reasons could be demonstrated. (This is based on an article I read somewhere about a month ago.)
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