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Technology Stocks : Thermo Electron (TMO)

TMO 567.84

+0.4%

3:59 PM EST

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To: RavBruce who wrote (337)	4/29/1999 10:04:00 AM
From: appro	of 450

News release: TMO planning to spin Thermo Power back into fold. See [News] link below or go2net.newsalert.com >>As of April 3, 1999, Thermo Electron owned approximately 78 percent of the outstanding common stock of Thermo Power. If approved, the transaction would be structured as a merger, and Thermo Power would become a wholly owned subsidiary of Thermo Electron. << Less smoke and mirrors in corporate structure is good.

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