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Technology Stocks : XLA or SCF from Mass. to Burmuda

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To: coach4def who wrote (665)8/12/2000 4:15:22 PM
From: Scott Bergquist  Read Replies (1) of 1116
 
As you may have seen, coach, Xcelera intends to make shareholders whole, IF need be. They will issue a dividend for whatever amount makes the tax bite a non-issue for shareholders. The dividend could even be Exodus shares that the company is holding (no taxes until the shares are sold).

The company HAS to be somewhat deliberate. They cannot just "ready, shoot, aim". I know this is a TV-commercial-world, where all posed dilemmas are solved in 30 seconds, but really, the company has about eight or nine ways to approach this problem. It cannot be handled with a series of ideas, one replacing the next. Vagueness is sometimes necessary in this litigious world. Now, they have TWO class-action suits against the company, because of the price action of the stock. As you can see, deliberate is the more prudent path.
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