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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%Dec 8 3:59 PM EST

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To: Boplicity who wrote (63707)1/24/2000 11:57:00 AM
From: snowbird  Read Replies (1) of 152472
 
When you sell trading shares of an underlying that you are also holding long term, do you use the lot specification screen to make sure you only sell the shares purchased last for capital gains purposes?

Just wondering since Etrade seems to offer that feature and the I was reading it is permissible to use the specification method verses First In First Out (FIFO) for capital gains, but you have to give the broker instructions as to which shares to sell.

snowbird
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