Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?

To: John Liu who wrote (489)	3/26/2001 12:47:44 PM
From: Stewart Whitman	Respond to of 1185

The problem is that you can't borrow shares to short STLW (and haven't been able to do so for quite some time). The # of shares short is greater than the float. But, if you could get Method at those prices it would be a great buy, in my opinion. Regards, Stew

To: John Liu who wrote (489)	3/26/2001 4:27:49 PM
From: David D.	Read Replies (1) \| Respond to of 1185

Regarding Methode 5$ Cash From recent 10Q (In thousands) Cash (see footnote 1) $187,771 Footnote 1 - Includes Stratos Lightwave, Inc. cash of $155,413 that will be retained by Stratos after the proposed spin-off and is not available to Methode. Average Number of Common Shares outstanding: Basic 35,575 SOURCE: Methode Electronics, Inc. Quick Math- $187,771 - $155,413 = $32,358 $32,358/35,575 = $0.91 worth of cash Am I missing something?