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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: pooh who wrote (41917)5/26/1999 10:39:00 AM
From: SMALL FRY  Read Replies (1) of 120523
 
DATEK - is not going public... they're issuing a tracking stock (big difference), much like ZDZ is a tracking stock of ZD. DATEK wants a piece of the public action without completely relinquishing control and be governed as a public company by the SEC. Tracking stocks can be rebought by the company at any time... not sure of bylaws on this. Most tracking stocks as I understand it are "designed" for traders since most institutions do not look at tracking stocks as "real" stocks and not many will hold tracking stocks long term in their funds. It's just another ploy to make $$$$.... if you make $$$$ along with them, who really cares?

My .02,
SF
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