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Technology Stocks : Tecnomatix Technologies Ltd. (TCNOF) - Any comments? -- Ignore unavailable to you. Want to Upgrade?


To: Boaz who wrote (101)9/11/1998 10:12:00 AM
From: Ariella  Read Replies (1) | Respond to of 113
 
Dear Boaz -- well, it could be read two ways. Either OSHAP is thinking the growth of its bottom line would be better with less TCNOF equity interest OR it is really saying now is a good time, from a tax viewpoint for shareholders, to spin off some shares. The first case suggests weak performance by TCNOF near term; the second case says OSHAP is really rewarding shareholders. I believe a similar spinoff for same reason may be done by DSSI for its TSEMF interest next year.

I am nibbling at TCNOF shares at these prices now. Seems like a good long-term gamble.

Good luck
Ariella