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Non-Tech : CompUSA (CPU) -- Ignore unavailable to you. Want to Upgrade?


To: TH who wrote (1753)3/19/1999 11:56:00 AM
From: blankmind  Respond to of 3187
 
they can do the spinoff and own retain a % ownership of the shares. they can not own the company, and avoid the sale tax and drain on profits without some sort of spinoff to make cpudirect a new company, not owned by cpu. there will be a spinoff, notice there is no, none, zilch, information to back up the assertion of no ipo, which is a direct contradiction to what cpu has disclosed.



To: TH who wrote (1753)3/19/1999 11:58:00 AM
From: Glenn Norman  Read Replies (1) | Respond to of 3187
 
Yo_Bubbas.................You might be able to call CPU Investor Relations and the can give you all the details of the CPU DIRECT spin-off.

Salude and good trading - Norman!