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Technology Stocks : Rockwell on the prowl? -- Ignore unavailable to you. Want to Upgrade?


To: go4it who wrote (138)11/7/1998 5:10:00 PM
From: Ken Turetzky  Read Replies (1) | Respond to of 152
 
Charles, ROK is spinning off its semiconductor business next month, and its stock price has responded. Deal will provide one share of the spinoff for every two ROK shares.

Any idea how to value the new shares? Will they likely sell for one-third of ROK price at that time?