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billyb

03/25/04 9:50 AM

#4253 RE: diamondskr #4249

i would check that tax status if i was you. i believe a return of capital is not taxable. that is the return of your initial investment and not profit on it. if the total return exceeds your original investment then the excess is taxable.

as for this distribution, i'm not sure but i think the company can handle it in several ways. one where our basis in STEH would be split between that and QTIG. or a dividend distribution that is taxable.