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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: Dennis Lance who wrote (16570)10/6/2000 12:46:56 PM
From: Engineer  Read Replies (1) of 21876
 
How I am estimating my cost basis after spinoff.

Until I here more definite information I am using the following.

Lucent Price before AV - 30.5
AV Original - 22.9375
Share Ratio - 1 AV : 12 LU
AV value / LU Share - 1.91
%age remaining with LU - 93.73%

I am therefore applying 93.73% of my cost basis to Lucent.

My cost basis for each share of AV would be 12 times 6.27% of my original LU cost basis or 75.2%.

I will change this when I get official numbers, but these are my working assumptions. Any comments?
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