XLA or SCF from Mass. to Burmuda 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 : XLA or SCF from Mass. to Burmuda

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Labrador who wrote (848)	3/18/2001 3:59:16 PM
From: Scott Bergquist	of 1116

No tax, no dividend.. In the current legal environment, Xcelera felt too gun-shy to say 'word one' about the situation. Look at Rambus...difficult to interprete the legal machinations, but it all looks "bad" and the stock price is acting accordingly. Xcelera's PR people told Xecelera to put out a statement regarding "working, but no final answer on tax situation" earlier. Xcelera declined to do that. They waited until it was checked, double-checked, and...etc. That is the reason for the wait. See the press release. Tax classification means no payment of taxes on Exodus stock sale gain. No need to re-imburse shareholders. Xcelera has plenty of working capital (instead of CMGI's debt..billions of debt!) to fund promising technology.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next