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Non-Tech : CompUSA (CPU)

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To: blankmind who wrote (1771)3/22/1999 10:23:00 AM
From: Michael  Read Replies (2) of 3187
 
Once again, you are incorrect. I said that CPU has not ANNOUNCED an IPO. They have announced a spin-off which could be an IPO or could not be an IPO. IPO stands for Initial PUBLIC Offering. If they hold onto the stock it is not an IPO.

Here is what was said:

CompUSA Inc. (NYSE: CPU - news) confirmed it will
separate its direct businesses into a stand-alone company strongly rooted in the
Internet.
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