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Technology Stocks : Compaq
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To: Nadine Carroll who wrote (45344)1/26/1999 7:13:00 PM
From: Gemini  Read Replies (1) of 97611
 
"Compaq does not have to ask shareholders' permission
to sell off divisions of itself, either to another company
or to the public."

Nadine,

You're missing the point!

Compaq must compensate existing shareholders in issuing shares
in the new publicly traded company. A Board cannot just trash
an existing business and not fairly compensate its shareholders.

Allan

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