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Technology Stocks : Hyperfeed Technologies, Inc. (HYPR) -- Ignore unavailable to you. Want to Upgrade?

To: Rainy_Day_Woman who wrote (629)	1/25/1999 5:01:00 PM
From: Oak Park Trader	Read Replies (1) \| Respond to of 2231

I agree that a spin-off/IPO on the NASDAQ would be a lot better than the exchange where PQT currently trades. As far as how an IPO would be structured, I am really not an expert. But I would imagine that, given the fact that PQT owns 100% of PCQuote.com, that they would elect to sell a certain percentage of that ownership to the public. As PQT shareholders, we would not directly get shares in PCQuote.com in this scenario--but rather we would indirectly own a percentage of this new, separate entity via our PQT ownership. The real value of an IPO in my mind is that it would bring market attention to the value of PCQuote.com. see my post #544 for a discussion on what PCQuote.com could be worth. Assume an IPO is done and PQT still owns 50% or 75% of PCQuote.com. PQT shareholders would stand to benefit by an increase in PQT's stock price--assuming that the market value of PCQuote.com is $100 million plus. Given the growth in PCQuote.com numbers (2 million visitors per month, 1 million hits per business day) is this a realistic possibility? I think so. See my earlier post #567 for a discussion on the DBCC/MKTW spin-off. What is interesting to me is that PQT is building a solid base right in here--with essentially no meaningful news being released in over a month. Between the possibility of an IPO announcement, or any deals with either Internet portals or new deals with other on-line brokers--it seems to me that the upside potential makes any risk/reward ratio in here pretty compelling for PQT longs.