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To: Voltaire who wrote (91369)1/26/1999 2:14:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Voltaire, on this point I think we agree entirely. If their earnings are worse than expected the effect of the spinoff would be lost in the backlash. By announcing the spin-off prior to earnings they get clear play. If their earnings were better than expected I would think they would announce the spinoff on the day after earnings (to keep the good news rolling). But then, I'm not a market psychologist, so my opinion on this is worthless.

TTFN,
CTC