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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits"
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To: Terry Maynard who wrote (83)2/9/1998 10:45:00 PM
From: Stewart Whitman  Read Replies (1) of 1185
 
>> PS Midas (MDS) spun off from Whitman on 1/30 looks to me to be sell at near book value at $15 per share. Anyone else agree ... or disagree.

Terry,

MDS looks to have a book value a little less than $5 to me - does your balance sheet include long-term debt of ~$225 million, or am I mistaken?

Stew
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