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To: Ken Robbins who wrote (39984)3/15/1999 11:20:00 AM
From: Think4Yourself  Read Replies (1) | Respond to of 95453
 
This is an unfortunate side effect of the move...

"As a result of the reorganization, U.S. stockholders will generally be required to recognize gain, if any, on their Transocean-Delaware shares, but will not be allowed to recognize a loss on those shares."