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Gold/Mining/Energy : TD - Toronto Dominion Bank -- Ignore unavailable to you. Want to Upgrade?

To: Mama Bear who wrote (279)6/11/1999 8:25:00 AM
From: reg  Read Replies (1) | Respond to of 358
 
Wonder if TD will leverage it's Waterhouse billions to aquire Canada
Trust from Imasco?



To: Mama Bear who wrote (279)6/11/1999 12:21:00 PM
From: csm  Read Replies (1) | Respond to of 358
 
Mama

I'm curious. When shorting the parent, is it usually the case that the IPO is 100% spun off? In that case it would seem obvious that the parent has to decrease in value based on what value is left behind. In TD's case where less than 10% is spun off couldn't the associated loss of 10% be offset by an increase in the value of the remaining 90%?

Thanks.
Stuart.


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