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Investorman

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Investorman

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Re: bar1080 post# 563

Wednesday, 08/07/2013 4:23:05 PM

Wednesday, August 07, 2013 4:23:05 PM

Post# of 681
Yes, the Arvin Meritor was one of the spinoffs. I sold mine because it wasn't doing anything and I couldn't see any real future in it. The other spinoff was the Rockwell modem company (which I can't remember the exact name of) It went from $2.65 a share to over $100 back in 1999 and I got pretty nervous about it. I sold when it had dropped back to $78 and it continued to go down from there until it disappeared.

Rockwell Collins has done pretty well while paying a decent dividend.

Yes, working out the cost basis on these things is a pain.
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