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Technology Stocks : LEIX Lowrance Electronics a GPS Sleeper? -- Ignore unavailable to you. Want to Upgrade?


To: Leo Francis who wrote (180)9/12/1999 12:23:00 AM
From: wiz  Read Replies (1) | Respond to of 186
 
Leo

How's it going Leo? Well looks lik they reorganized the "deal". $7.30 per share no sliding scale. I like that better. What are the tax consequenses of this takeover when I recive my ORB shares? Is it like a sell buy? I bought in Dec. and I'm sitting on a really nice gain, so if I can wait and turn it into long term I will.. though I believe in Orbs future, and would hate to see it run before the transfer occurs.

Still holding COOL at 10 3/4... should have sold that when it first dipped, but havent had a losing trade all year, and held a little too long. I still believe I will sell it at a profit, but could have done better with the cash.

hope summer treated you well. Mark