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Technology Stocks : Lucent Technologies (LU)
LU 2.650-2.9%Nov 14 9:30 AM EST

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To: MRE who started this subject10/3/2000 9:50:37 AM
From: Engineer  Read Replies (3) of 21876
 
Can anyone help me?

I am trying to figure out what my cost basis is for my purchases of Lucent. I assume that I have to deduct from my original purchase price the value of the AV stock that was included. I believe that that fraction should be the value of the AV stock I received when I received it divided by the value of Lucent. Lucent closed on Friday at 30.5. Is that the Lucent number I should use? What was the initial value of AV? I assume I will use 1/12 of that. I also assume that that value will be the price they use to compute the value of the fractional shares. Does anyone know that number?

Thank you!
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