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Technology Stocks : QUANTUM
QNTM 8.980+4.5%Nov 7 9:30 AM EST

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To: Richard McMorrow who wrote (8896)5/30/1999 11:07:00 AM
From: Will Cunningham  Read Replies (1) of 9124
 
Tracking stock is tax free according to SEC S4 document.

Below is from the SEC document called an S4 that Quantum filed. It should provide answers to your questions about the Quantum tracking stock. This document can be found at freeedgar.com

"If stockholders approve the tracking stock proposal, each share of your existing common stock will be changed into one share of DSSG stock and 0.5 of a share of HDDG stock. We expect to effect the tracking stock proposal shortly following the special meeting and expect the tracking stock proposal to be tax-free to you and us. We will seek the listing of both the DSSG stock and the HDDG stock on the Nasdaq National Market tier of The Nasdaq Stock Market under the symbols "QDSS" and "QHDD," respectively."
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