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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?

To: Bridge Player who wrote (16521)	10/26/1999 12:21:00 PM
From: signist	Respond to of 42804

When Ziff Davis spun off a tracking stock ZDnet shareholders got no opportunity to participate and received 0 shares of ZDnet. It was supposed to increase the value of ZD. It did go up for a few weeks but then lost value. Due to large debt, etc. I hope this is not typical but... John

To: Bridge Player who wrote (16521)	10/26/1999 1:30:00 PM
From: Mr. Sunshine	Respond to of 42804

Does anyone know of a similar situation where stockholders of a company were offered an opportunity to participate in a spinoff of a part of a division? Bridge Player - Last year QualComm (QCOM) spun off Leap Wireless (LWIN) by giving one share of LWIN for every 4 shares of QCOM owned. I do not think any shares were sold directly to the public, and QCOM only held onto some LWIN options, which LWIN later bought back. A better example is Safeguard Technoligies (SFE). They are a small company (mostly internet) "incubator" that funds and assists companies until they are ready to go public. They currently allow any SFE shareholder who owns 100 or more shares to participate in any of their IPOs at the offering price. I believe this is the best way to play the internet craze. They have taken about 4 companies public in the 6 months I have owned SFE, and recently announced they will take 6 more public in 2000. Steve