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Technology Stocks : XLA or SCF from Mass. to Burmuda
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To: cheryl122 who wrote (648)8/2/2000 3:52:52 PM
From: F. Lynn  Read Replies (2) of 1116
 
It can get a lot worse...the stock could be headed for the low single digits along with the rest of the dregs of the fin de siecle internet craze.
dont forgot that holding the shares could create a large tax liability, of about $7 per share, due to XLA's status as a foreign holding company. so just holding them long could result in a big tax bill...another good reason to sell now.
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