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Strategies & Market Trends : Value Investing

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To: TimbaBear who wrote (12610)	6/7/2001 8:36:56 PM
From: 249443	Read Replies (2) of 78525

Kaneb Services: TimbaBear, I would like to hear your thoughts on this small-cap company. I appreciate all of your work and thoughts. kaneb.com Kaneb Services is changing their name of its Information Services Group to Xtria "to reflect the integration of the company's information technology business" (per Value Line Extended Version). Kaneb is spinning off Kaneb Pipe Line Company (30 cents quarterly dividend) on 6/29/01 with a record date of 6/20/01. Kaneb Pipe Line Company will exist as a LLC -- and will be spun off in the following ratio: 1 share of Kaneb Pipe Line Company for every 3 shares of Kaneb (KAB).

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