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THEKOOKBOOK

12/13/06 9:52 PM

#8078 RE: realest #8060

Yes but IBCX will still own them...

The spin-off will be a wholly owned subsidiary in my opinion...if not wholly owned then majority owned by the board of directors and shareholders of IBCX. It could be a good move or could not be. It is still to early to tell for sure. However if any type of CASH dividend is involved which is mentioned as a possiblity in the PR, then you won't even remember what .02 looks like anymore. Try .20 instead...

The coming days and weeks should be interesting...

The Kook Book

ChannelTrader

12/13/06 10:00 PM

#8090 RE: realest #8060

I disagree, look at how well Wendy's is doing after spinning off Tim Horton's. Actually both of them are now much better off.