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To: RockyBalboa who wrote (7948)2/16/1999 6:46:00 PM
From: KS  Respond to of 27722
 
Christian1310,

What don't you get? Every company acts in its own time-frame. None of us know when the IPO will occur. As a CEO, you would want the best of all conditions in place for the spin-off. I think they are waiting for earnings season to be out of the way, and the mkt. to be a bit more settled and positive. I see other IPOs being delayed, and I believe it is due to current mkt. conditions. These guys are pros and I trust they will make the announcement when the time is right. But those who are short might be on the wrong side when it happens! I wouldn't chance it.

Regards,
KS