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Technology Stocks : XLA or SCF from Mass. to Burmuda -- Ignore unavailable to you. Want to Upgrade?


To: cheryl122 who wrote (648)8/2/2000 3:52:52 PM
From: F. Lynn  Read Replies (2) | Respond to of 1116
 
It can get a lot worse...the stock could be headed for the low single digits along with the rest of the dregs of the fin de siecle internet craze.
dont forgot that holding the shares could create a large tax liability, of about $7 per share, due to XLA's status as a foreign holding company. so just holding them long could result in a big tax bill...another good reason to sell now.



To: cheryl122 who wrote (648)8/3/2000 10:04:06 PM
From: J.Y. Wang  Respond to of 1116
 
I'm not sure anyone who did real DD can own this stock. I have some call options because I thought Gilder and friends were going to pump it up more. That is not DD.