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kudos2u

12/19/01 1:44 PM

#4588 RE: Investorman #4580

I-man...I don't feel strongly about spinning off shares of the r/m'd companies for MY benefit...but I DO feel strongly about HRCT finally taking the bull by the horns and doing SOMEthing to bring those promised transactions to a close and to lay out their rationale to the s/h's who have been kept waiting and wondering for literally years now...their approach to resolving this "problem" has been very oblique, IMO.

I don't necessarily think HRCT price will tank if the revenues are there o/w, unless, of course, all the revenue was in the spun-off companies. But then I would expect to see a proportional rise in value of the spun off shares as well...so it would seem things would even out.

Unless the company intends to come out publicly and declare they are changing their game plan ("increasing s/h value by spinning off companies in IPOs or r/m's"), they should follow thru with their plans, IMO.

jt