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.

Microcap & Penny Stocks : DCTC - DCI Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tan who wrote (4453)	2/10/1998 8:19:00 PM
From: JOE MEDSKER	Read Replies (3) \| Respond to of 4489

ST, The $1.00 dividend was something that I mentioned and it was just a wild guess on my part. Keep in mind that if Joe is truly trying to end DCI as we know it by year end, the best way to do it is by selling off the pieces and making distributions. Joe has stated the parts are worth a lot more than the whole. By the way, Joe would like to end this thread and said he would post on the other thread from now on. Best Regards

To: Sun Tan who wrote (4453)	2/10/1998 8:32:00 PM
From: george eberting	Read Replies (2) \| Respond to of 4489

Some of you guys try my patience sometimes. My question was a hypothetical one: Does a company have to pay taxes on shares it receives from another company if those shares are subsequently distributed as a dividend? Presumably they are not. Also, presumably, the receipt of such shares would not constitute a taxable event to the recipients until sold by those recipients. Under those circumstances I would guess that the shares could be held for a sufficient period of time and thus be treated as capital gains. Right or wrong? If you aren't an accountant with specific knowledge, let it go, all right? (Please). George E.