SPIN-OFFS "secret hiding places of stock market profits" Message Board

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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"

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To: ron coleman who wrote (455)	12/18/2000 2:55:04 PM
From: Paul Senior	Read Replies (1) of 1185

Ron Coleman: Nothing new on KAB. I've put it aside for a while. Right now I'm looking at SCR.a and OEH yet once more. There's some anomaly there, maybe. Sea Containers will split out the remaining shares of its hotel business (OEH). I need to confirm, but it looks like it would be a little over 1 share of OEH for each SCR share. Yet this am. each OEH share itself trades at a higher price than SCR. Which would value SCR's stub - the container leasing and railroad/hovercraft transport business at less than zero. Anyone here looking at this deal? Paul Senior (I am considering adding to my long term position in SCRA.)

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