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: Stewart Whitman who wrote (249)	7/7/1998 2:54:00 PM
From: Andrew	Read Replies (1) of 1185

Zapata's (ZAP) spin-off of its internet piece sure has kicked up a storm. Anyone notice Executone's (XTON) impending spin-off of its internet lottery business, Unistar. With $100 million enterprise value for all of Executone and it having $165 million of revenues in its other non-internet businesses, this spin-off seems completely unnoticed. I guess its in the art of the announcement.

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