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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Zbyte who wrote (35364)	10/7/1999 5:39:00 PM
From: Ditchdigger	Respond to of 44908

Spinoffs are not always the best thing for the original shareholders,,remember ZD? Although, it would probably be a good opportunity for Mangement to start a new venture and leave existing shareholders holding the bag(baggage).Seems the parent company never reflects the value of the retained % of the spinoff,it doesn't appear as common as it used to,to issue new shares to existing holders as a dividend,,al la the old AT&T days.DD PS: a spinoff strategy by management would not surprise me a bit..the rich(management) get richer and the existing shareholders get poorer