Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Keith who wrote (8596)	7/31/1999 4:21:00 PM
From: E. Davies	Read Replies (1) \| Respond to of 9391

Then, why break it up? They are breaking it up to spin off what has value. I suspect they are also doing it so that the new ventures will have a "clean slate" and we will not be able to know what BNEZ has been doing all this time. My only question is whether the BNEZ that remains will have any value at all. They have made no statement that there is any intention for it to become reporting. They have made it clear that they are not capable of selling PMA to the public and that the only hope is to sell BNEZ. Whether they have a buyer lined up already or are hoping that by prepping BNEZ for sale they will find a buyer I have no idea. When the spin off actually takes place, and Compass begins trading on its own, you will see BNEZ trade down in an amount equal to 1/10 of the offering price of CDAT. Amazing that we cant even know for sure something as simple as this. If I bought BNEZ yesterday would I get CDAT or not? Answers seem to vary. I guess someday we will know. Eric