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Technology Stocks : Tridex Corporation
TACT 4.710-0.4%Oct 31 9:30 AM EDT
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To: David Bauerle who wrote (7)1/26/1997 4:49:00 AM
From: Phil Ancona   of 49
 
Actually, it is based on the book value for cash base, ultimate & the ribbon bus. I don't know where the market will price TRDXminus TACT. As soon as the dividend is paid, TRDX will immediately down down to $3 or so. The only widecard is the # of shares of TACT going to the TRDX shareholders. As I said before, the spinoff should add liquidity to TACT which should help its pricing post spinoff. I think the news only gets better from here.

What is your business, your background, how did you learn of TRDX? I like to know who I am talking to.
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