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Technology Stocks : Tandem

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To: Musti who wrote (25)12/19/1996 6:06:00 PM
From: DeadHead   of 55
 
From what I understand, it's good enough for Tandem to get UB off their books. If they make money on the deal, that's fine too. From the sound of things, I don't think it will add up to much, however.

Funny that Tandem took a 3/4-point hit today. It had ramped up over the last few days (probably on anticipation of today's announcement), so I guess the old sell-on-the-news approach to investing holds true in this case. Over the long term, unloading UB should add a lot to Tandem's bottom line.

I believe 1997 will be the year of Tandem's turnaround. They have everything in place to capitalize on web commerce, home-banking, and so on.
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