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Non-Tech : Modis Professional Services, Inc. (MPS) -- Ignore unavailable to you. Want to Upgrade?


To: Chuzzlewit who wrote (234)7/8/1998 10:05:00 PM
From: Jeff Newman, Sr.  Read Replies (1) | Respond to of 335
 
C and C, I know the following, from my AG Edwards broker. Stock rallied
today on news on the wire that they are selling via an IPO 20% of their
highly profitable "Strategic Solutions" division (high tech workers I
think) to raise 150mil, reduce most of their debt, then in six months they
are spinning off the rest to their stockholders, to end up with two companies
and dropping the Accustaff name all together. That is all I know. It
must be news on the wire.