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Technology Stocks : STLW -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (20)7/21/2000 4:55:44 PM
From: Andrew N. Cothran  Read Replies (1) | Respond to of 75
 
You are right and I agree with your conclusion.



To: Secret_Agent_Man who wrote (20)7/21/2000 11:14:41 PM
From: Red Dragon  Read Replies (1) | Respond to of 75
 
They say the "could" spin off STLW, not they WILL, BIG difference

Is it possible that it's just "lawyer" language? Everyone seems to think it's all but a done deal. There's even a Merrill Lynch write-up, as you may have seen.
messages.yahoo.com

The McGinley family (Chairman) apparently owns a huge voting portion of METHA, and they would obviously profit very handsomely if the spinoff occurs. I can't imagine why they wouldn't want it to happen.

Here's the link to the propectus. The language seems very clear that it is METHA's intention to spin off STLW. I think some of the cautious comments are just lawyerly hedging.

sec.gov