Seagate Technology - Fundamentals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Seagate Technology - Fundamentals

STX 296.49

+1.6%

Dec 19 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Douglas who wrote (1199)	11/16/1999 4:35:00 PM
From: Mark Madden	Read Replies (1) of 1989

Thanks Robert, Here is my new theory. Perhaps if SEG was sold for $16 billion, the shareholders would be taxed the difference between the selling price ($16 billion) and the book value (approx. $3.1 billion). Of course this way the IRS would get paid for VRTS and all other investments that increased the value of SEG above the cost basis. The shareholders would then get the after tax proceeds and have to pay income tax on their gain. What a deal! Then, the purchasing company would begin with a new basis of $16 billion. Does this make sense? Regards, Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next