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Stocks F / Fairchild Corporation


Subject:  FA spinoff still kicking Date:  9/8/2000  10:30 PM
Author:  dascom2000 Number:  31 of 59

I found no discusion board for GSOL and probably most FA owners have this one, so I post it's news here if you don't mind. Does anyone know what the basis cost for the dividend shares that were sent from FA is, or would it be 0 as I have guessed ? The IRS likes guesses like that.

Global Sources Trustee To Buy Back 60,000 Shares
Friday, September 8, 2000 09:11 AM

NEW YORK (Dow Jones)--Harrington Trust Ltd. authorized the repurchase of up to 60,000 shares of Global Sources Ltd. (GSOL, news, msgs), representing about 0.23% of Global's outstanding shares.

In a press release Friday, Global Sources said Harrington Trust is the trustee of the Global Sources Employee Equity Compensation Trust.

The repurchase program is intended to provide shares to employees once vesting conditions are satisfied.

Global Sources had 26.3 million shares outstanding as of Sept. 5.

-Sam Favate; Dow Jones Newswires; 201-938-5400

Quote for referenced ticker symbols: FA, GSOLĀ© 2000 Dow Jones & Company, Inc. All Rights Reserved.
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