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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (45249)1/26/1999 11:56:00 AM
From: Lynn  Respond to of 97611
 
Dear JDN: Okay, I see the background for your question.

There is a difference between a stock dividend and a spin-off. CPQ's past splits have been considered stock dividends [for the purposes of taxes]. I once held a bank stock where investors could pick-up additional shares in addition to those received via a stock dividend. Since AV is not a dividend, it will be like LU, NYNX, et al when they started trading for its investors.

Regards,

Lynn

I better get over to the EMC thread. Just heard their earnings were a,"blow-out."