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 (257)	12/6/1998 3:26:00 PM
From: RockyBalboa	Read Replies (1) of 1185

Creative Computers (MALL) brought 16,7% of uBID on Friday, Dec 4 1998. The complete separation and distribution to MALL shareholders is planned to happen in between 180 days from now and end-1999 if possible. This is subject to certain clauses. Amongst others it should be a nontaxable distribution and no purchase-sale transaction. Mall ($26) traded at a heavy discount to uBID ($48). This should diminish as soon as uBID can be borrowed and details of the seperation are worked out. C.

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