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Microcap & Penny Stocks : JNNE Jones Naughton: Go Online via Kiosk -- Ignore unavailable to you. Want to Upgrade?


To: wallstreeter who wrote (3849)7/3/1999 11:40:00 AM
From: Michael Hutter  Read Replies (2) | Respond to of 4824
 
So if I had 10,000 shares of JNNE I would retain 10,000 shares in it and as the example you gave would get 7,200 shares of spinoff. Not bad. Even if the Spinoff does bad you still have 10,000 shares of JNNE. What is the downside. Is it that if the spinoff does bad.Than JNNE will do bad. So its a double loss.
thank you.