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To: Knight who wrote (7369)1/12/2000 10:52:00 PM
From: Joseph B. Teig  Respond to of 7841
 
If Luzco really wanted to increase shareholder value, he would spin off the VRTS shares to shareholders. That way we wouldn't be stuck with a discounted value for this holding. Unless I am wrong, there would be no tax consequences until the individual investors sold VRTS themselves.



To: Knight who wrote (7369)1/17/2000 10:37:00 PM
From: SidStock  Read Replies (1) | Respond to of 7841
 
SEG owns aprox 90M (post 3:2 split) shares of VRTS worth a mere $13B at last count. If SEG sells any of this, you will see the sec filings.

This has been mentioned before on the thread and back in nov on SI threadtalk:

siliconinvestor.com

We were way ahead of boucher's article...

Sid


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