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Technology Stocks : Thermo Electron (TMO)
TMO 572.41+1.1%Nov 7 9:30 AM EST

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To: Miles Rhyne Hoffman, CFA who wrote ()12/23/1996 10:35:00 AM
From: Gene Weisskopf   of 450
 
I have been long TMO for 2 years. I loved the idea of developing dividions and then spinning them off to the public. Management likes to keep the stock price in the $30-$50 range - thus you will find a lot of 3 for 2 splits.

Additionally, as a shareholder in TMO, you sometimes get shares in the IPO's of the spinoffs. Not bad.

I think TMO has languished lately because it ran up so much in 1995 and early 1996. Just stopping for a cup of coffee if you will.

Good to hear that TMO is receiving good press.
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