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To: Sonny McWilliams who wrote (21422)11/11/1998 9:41:00 AM
From: jmac  Read Replies (1) | Respond to of 27012
 
TBR will basically split into 12 component parts. I have heard that this will happen on 11/16. This date has changed over and over again as the NYSE has had problems figuring out the logistics of how to get 12 new companies open for trading at the same time. TBH is a product designed to track of the 12 companies. It will remain in tact and thus, if you want to trade one stock, you need to trade TBH. If you want the component parts, then hold TBR as the splitting up takes place automatically.

That is what the NYSE told me.

I have TBH. Bought at 53, sold at 69. Re-bought at 73 and will hold for years to come. I believe this is the best value play of the decade.