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Technology Stocks : Inforte Corp. (INFT) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (59)	2/13/2005 7:42:59 PM
From: Sr K	Read Replies (1) \| Respond to of 65

The point of my message 58 was you cannot "forecast 2002 guidance"; you can forecast results or give guidance. There are risks and costs not addressed in this plan, including (1) the stock going below $5.00 after the dividend, (2) possibly higher taxes for most taxable recipients compared to selling shares (in which most holders pay taxes after subtracting their bases), and (3) the giveaway to option holders. I noted they made no mention of tax consequences such as if this will be treated as a return of capital in some cases, or if they paid any firm (other than their usual accountants or attorneys) for this advice and recommendation. I do not believe they told the whole story, and if I owned the stock, a tender offer for 2.55 million shares or so at about $6.50 or $6.55 would be fairer and cheaper. Not owning the stock, I prefer that it get as cheap as possible for my consideration. The payment for underwater options will offend some. At the least, an independent compensation committee should have reviewed this, and their recommendation and vote should be known. I didn't read the 8-K, maybe it's in there.