C-Cube Message Board - Msg: 11755013

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Technology Stocks : C-Cube

CUBE 38.45

-0.5%

2:03 PM EST

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To: coopie who wrote (47118)	10/30/1999 12:42:00 AM
From: Black-Scholes	Read Replies (2) of 50808

"If C-semi is spun, then you pay the tax on the value." Coopie, I'm not sure a "spin-off" is a taxable event. I could be wrong, I just don't think it is taxable. There's really, technically, no change in ownership - it's a tracking stock. Anyone? I'll consult my "Stickney and Weil" accounting book. CUBE semi is ABSURDLY undervalued regardless.

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