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

To: F. Lynn who wrote (651)8/2/2000 3:59:01 PM
From: Tom Hua  Read Replies (1) | Respond to of 1116
 
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.

F., the guy who said that was full of it.

Regards,

Tom



To: F. Lynn who wrote (651)8/4/2000 8:00:10 AM
From: Tom Hua  Read Replies (2) | Respond to of 1116
 
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.

F., the kid at ON24 screwed up on the most basic facts about XLA/MII/EXDS. He made the corrections last night. Can anyone trust this guy to interpret the tax code when he has shown that he couldn't read a few press releases right?

Regards,

Tom


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