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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: Engineer who wrote (16514)10/3/2000 9:59:09 AM
From: Ian@SI  Read Replies (1) of 21876
 
Normally, it's based upon book value. Specifically, what is your adjusted cost base for acquiring LU; Subtract 1/12th of that from the LU acb; the 1/12th becomes your new adjusted cost base for the AV shares.

Current selling prices for either stock have nothing whatsoever to do with determining your cost base (unless of course you purchase more shares on the open market). What it has cost you to acquire your position is the relevant number.
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