Mixed fortunes for two Optimus spin-offs on first day of trading on WSE

As had been widely predicted, the two companies formed out of the division of Optimus fared vary differently on their first day of trading on the Warsaw Stock Exchange (WSE). Investors found Grupa Onet undervalued, and the portal's share price shot up by 50% during its first trading session, to close the day at zl.31.9. However, computer producer Optimus Technologie saw its share price plummet 22%. "It's a reasonable reaction, since bourse appraisal of Optimus Technologie exceeded the book value by nearly 50%," commented company president Jacek Krawczyk. "However, we intend to rebuild the value of the technology part. I hope for a serious rise upon completion of the restructuring in a year's time," he added. Analysts suggest the poor performance by Optimus Technologie may also be linked to the recent decision by the tax authorities to demand zl.18 million in outstanding tax payments from the company. (Puls Biznesu, p. 6; Rzeczpospolita, p. B5) M.K.