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

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To: Dan Packer who wrote (127)3/5/1998 2:35:00 AM
From: Stewart Whitman  Read Replies (1) of 1185
 
I agree with you - a weird combination of companies to be spun off together leaving what seems to be a primarily commercial bank. Have to assume that a least one objective is to provide a pure-play bank. No opinion on a buy-out, but I would tend to look at the "new" IMP instead of the spin-off because I can't figure out what the spin-off does (even after looking at the old 10-K's).

Stew
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