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Technology Stocks : InfoSpace (INSP): Where GNET went!
INSP 95.10-19.7%Dec 18 3:59 PM EST

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To: Sarkie who wrote (21718)10/13/2000 1:43:36 PM
From: silversoldier a/k/a SI Sy  Read Replies (2) of 28311
 
Sarkie, I believe my formula to be correct, but I am not refiguring cost basis of GNET shares based on INSP prices. I am doing so on GNET prices. For example, if one purchased 100 shares of GNET at $50, the total cost of those shares is $5000. (I am not including commissions, etc. in this example, but, of course, they are to be included in total cost of purchase). Then, divide the $5000 by 182 (the number of INSP shares received for the 100 shares of GNET). This process yields the cost basis of an INSP share...$27.4725...I am open to comment and correction, as arithmetic is beyond my meager geezer talents.

Sy
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