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.

Biotech / Medical : CNSI Cambridge Neuroscience -- Ignore unavailable to you. Want to Upgrade?

To: Highlander who wrote (366)	3/22/1998 10:38:00 PM
From: Mike McFarland	Read Replies (2) \| Respond to of 675

You will have a one dollar stock, plus a one dollar cash dividend-- and unless you hold CNSI in a tax sheltered account, you pay tax on the dividend--not too neat. There is no reason for the stock to remain at two dollars a share, when half its value is distributed to stockholders-- I beleive book value was $2, somebody correct me if that is wrong, but I beleive somebody posted that CNSI was trading close to book.

To: Highlander who wrote (366)	3/23/1998 3:25:00 AM
From: swoboda4	Read Replies (1) \| Respond to of 675

Highlander, the answer is pretty simple. Let me make an analogy. Your wallet is a stock. Your wallet is worth $5.00 if you were to sell it at a garage sale. If you left $2.00 in your wallet when you sold it it would be worth $7.00. If you removed the $2.00 and gave it to your kids the wallet is now only worth $5.00. When CNSI gets rid of its cash the value of the company is decreased by the amount it got rid of. I hope my explanation made sense. Good luck with all your investments.