Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: Petz who wrote (3474)	2/27/2008 1:59:38 PM
From: TechieGuy-alt	Read Replies (2) of 4590

>>PS - Anyone want to buy Spansion for $1.76/.7429 = $2.37? finance.yahoo.com Would the $6.05 distribution to existing sfun shareholders (you, me- if I bought) not mean a $1.82 hit in capital gain taxes the second I get the distribution? (assuming a 30% marginal tax rate). If the distribution gets treated as dividend (will it be?), that's still $0.90, no? What am I missing? TG

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