Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (2559)	3/11/1999 10:27:00 AM
From: Will Lyons	Respond to of 30916

IPO or spinoff? IPO means a sale to the public, but not necessarily the whole issue. TMO did this many times to raise capital for newly created subsidiaries. They called it a spinout. IDTC may yet end up with most of the stock which it could then issue as a dividend to its stockholders or it could have a subsidiary.. I'm not sure of the tax consequences A spinoff would not be an ipo, just a distribution of the new co stock to IDTC stockholders. The ipo would be a separate action