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Technology Stocks : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (11055)	9/1/2000 7:44:34 AM
From: John Carragher	Read Replies (1) \| Respond to of 17183

Stock dividends and stock splits (which I believe you would call this spin off). Stock acquired in a taxfree stock dividend or stock split has the same holding period as the original stock owned. Thus, if the original stock has a long-term holding period, stock received in a tax-free stock dividend also has a long-term holding period. Similarly, if the original stock has a holding period of three months, the new stock immediately has a three-month holding period. If the stock dividend or stock split was not tax free then see your cpa. John