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To: Dave who wrote (55938)	12/3/1999 11:25:00 AM
From: diana g	Read Replies (1) \| Respond to of 95453

RIG Tax Stuff. Also a correction to my previous statement re Mavis Hi Dave, Here's a link to my 10/18 post on the RIG board about this. Message 11627867 Basically, Anyone who owned RIG at a profit as of the re-org date 5/14/99 must pay cap gains tax on the profit as of that date on this years income tax. ---This situation seemed such an oddity to tax guys I talked to, and RIG IR's statement that "Tax laws could be interpreted differently" raised an eyebrow for me. I decided to sell rather than find myself trying to explain RIG's reorg to a tax auditor who might never have heard of such things either. ---If you owned RIG at a loss as of 5/14 or if you bought after 5/14, there is no reason to give this any more thought. imho. ---------------------------- About Mavis----- I mistakenly attributed to her a statement that RIG might dip below $25 when the new shrs are issued to SLB stkhldrs. Actually, she was quoting someone else in her article who made that prediction. She did not. (Sorry, Mavis) regards, diana