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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Foo Bar who wrote (3146)	8/2/1999 1:12:00 PM
From: trenzich	Respond to of 14638

Even fish don't get caught if they keep their mouths closed. And the doubts that are lifted when you let someone speak! tz

To: Foo Bar who wrote (3146)	8/2/1999 1:33:00 PM
From: Bosco	Respond to of 14638

G'day all - 2 things. Regarding Stock Dividend, the following is an excerpt from IRS 550 Nontaxable stock dividends. The holding period for new stock you received as a nontaxable stock dividend begins on the same day as the holding period of the old stock. This rule also applies to stock acquired in a spin-off, which is a distribution of stock or securities in a controlled corporation. [source: irs.ustreas.gov] Second, what is the regular dividend payout after the stock dividend? Normally, a split also halves the dividend [note: this is no big deal either, since it is also customary for the company to declare the dividend payout on a quarterly basis best, Bosco

To: Foo Bar who wrote (3146)	8/2/1999 2:45:00 PM
From: llwk7051@aol.com	Respond to of 14638

Foo Bar, You are not correct in your statement regarding the tax affect of the dividend. Rather than my getting into giving detailed tax advice, I suggest you check with your tax advisor. You will find he or she will give you completely different information than your post. Robert d.