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Gold/Mining/Energy : Noranda (TSE;NOR)

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To: Link Lady who wrote (66)4/26/1998 9:24:00 PM
From: Robert Salasidis  Read Replies (1) of 197
 
The price of Noranda shares will fall by approximately the same amount as the value of the distributed shares - You will not lose or gain anything from the distribution. However, generally holding companies trade at a discount of the sum of their parts, so it is conceivable that the price of Naranda that remains may actually be stronger than what would be calculated - we shall see.
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