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To: Mike 2.0 who wrote (6044)2/16/1999 12:30:00 PM
From: jeffbas  Respond to of 78797
 
Excellent idea, Mike, since we know that almost by definition the businesses brought public by TMO ought to be better than the ones retained. It certainly makes sense to buy the fund over the spinoffs. However, do you know if perhaps TMO is selling at a material discount to the values of its stock holdings (marked to market) plus other assets less debt? Then I would prefer the parent company. But that might be tough to determine.


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