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To: NeverRight who wrote (4418)	1/15/1999 2:14:00 PM
From: TraderGreg	Read Replies (2) \| Respond to of 27722

<< I never understood why the shareholders of the parent company don't get a shot at the IPO of spinoffs.>> Most of the time, the parent shareholders receive an implicit share of the IPO as the parent retains some significant % interest in the IPO. Sometimes, a portion of the IPO is actually accrued to parent company shares as a dividend. Given the above, that is why the parent doesn't always feel the need to provide additional opportunities for acquiring low priced IPO shares directly. TG