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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 (16584)10/6/2000 5:34:20 PM
From: Marc Hyman  Read Replies (3) of 21876
 
<it>If AV on 10/1 had been worth more than my cost basis of LU...</it>

Which is why it doesn't work. Some of my LU shares have a cost basis less than 2 cents per share. Using the noted formula my new basis would be a large negative number. I don't think so (but then, the tax laws never cease to amaze me :-)

My rough guestimate is to treat it like a 1:12 split.
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