Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.570

-3.0%

Nov 17 3:59 PM EST

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To: MRE who started this subject	9/26/2000 8:04:22 PM
From: sylvester80	Read Replies (2) of 21876

Questions on the Avaya spinoff shares For every 12 shares of lucent a shareholder will receive 1 share of Avaya. Question #1: If your Lucent shares are long term capital gain shares (holding 12+ months), what are your Avaya shares considered for tax purposes? Long term or short term? Question #2: When you decide to sell your Avaya shares, what would be your cost basis and date of purchase? $0? Question #3: Let's say some of your lucent shares are long term, some are short term? What are your Avaya shares then? Many thanks.

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