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Technology Stocks : BAY Ntwks (under House)
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To: Birdman who wrote (6923)8/9/1998 3:40:00 PM
From: Bob Howarth  Read Replies (1) of 6980
 
As an american I once purchased Toronto Dominion Bank on Toronto exchange and after it listed on New York I sold my shares there. I
got dividends etc from Canada and part was withheld.

Does a Canadian have to buy Northern Telecom on Canadian exchange? That would be a very weird law so if you are not sure that the law exists you should check with a broker or something.

You get .6 shares of Northern Telecom per Bay share and I imagine you get them in Canada. You could then I suppose sell them in New York if your law does not forbid this. A share is a share and it should not matter about the currency since the price on each exchange will adjust accordingly. It is still a Canadian asset.
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