Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Real Estate Operating Companies (REOC) -- Ignore unavailable to you. Want to Upgrade?

To: 249443 who wrote (55)	3/3/2003 11:35:19 PM
From: 249443	Read Replies (1) \| Respond to of 95

CDX -- $100 million to be paid out after IRS ruling and $200 million in common to be issued to current shareholders? There are 86 million shares currently outstanding. If the 30 cent per quarter equates to a $1.20, going forward, dividend, then I like this transaction. Paul -- what's your view? My take: 6% dividend (REIT to begin 1/1/04), 5+% gain in gain from taxable distribution of $100 million spread over 86 m shares, and I'm not clear on the $200 million in common distribution.....Interesting.