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.

Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Lennart Steiner who wrote (10293)	1/26/1999 9:40:00 PM
From: Laptev	Read Replies (1) \| Respond to of 16960

Complete speculation of course - but could it have to do with short covering driving up demand for real TDFX stock instead of "synthetic" STBI/TDFX? In any case, on the dips, I've been loading up on STBI and plan on selling some of the converted shares in March (or slightly before). If one decides to hold STBI into the merger - what are the tax implications? For example, if I bought at $7.50 and the merger takes place with TDFX at $20 - will my new cost basis be TDFX @ $20 (wishful thinking) or ($7.50/.65)=$11.538? Or what? I can't figure it out... Thanks.