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To: DaveMG who wrote (3695)11/27/1999 8:56:00 PM
From: Cooters  Read Replies (1) | Respond to of 13582
 
<<A spinoff is not an IPO..>>

What they are contemplating now is a tracking stock IPO of around $10B, followed by a distribution of the remaining tracking stock to current T shareholders. There is no spinoff involved.

I think that is what cfoent meant, anyway.

Cooters



To: DaveMG who wrote (3695)11/27/1999 9:29:00 PM
From: cfoe  Respond to of 13582
 
Apologize for my sloppiness. As Cooters pointed out, I meant IPO.