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For example, ODP guidelines are that the end of a redirect is to be the linked site. So if www.oldsite.com redirects to www.newsite.com, oldsite should not have an ODP listing at all.
For the SE's, a 301 redirect will likely pass the link pop from oldsite to newsite.
Good luck,
rmjvol
The sites are just like mine and have good domains and directory listings and full of content
As long as the content is not exactly the same as your first site, it should be fine. I would not put up site "X" was purchased by site "Z", instead I would treat the new sites like they are affiliate sites and get creative with any links.