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To: RFH who wrote (94)	1/21/2000 5:57:00 PM
From: OldAIMGuy	of 221

Hi Rob, If you do the calculations as though you were doing "average cost" basis for tax purposes the results come out a bit differently. In that case, you are only selling Average Cost shares any time you sell. You calculate a new average cost only when you buy shares. Here it is: # of shares Price/share Ave.Cost/share Value 1148.410 $22.64/share $22.64 $26,000 -382.67 $22.64 _________ 765.740 $22.64 $17,336 +148.750 $27.61 ________ 914.490 $23.448 $21,443 - 16.00 $23.448 ________ 898.490 $23.448 $21,068 -450.000 $23.448 ________ 448.490 $23.448 $10,516 +364.969 $32.92 ________ 813.459 $27.698 $22,531 This method ignores profit or loss on the shares sold and only looks at the average cost of the remaining shares plus the new shares added. Bernie's method gives credit for the profitable sales to date. You can use either method, but if you're paying Uncle Sam, use my method!! :-) Best regards, Tom

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