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Technology Stocks : Kulicke and Soffa
KLIC 41.83+2.3%12:36 PM EST

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To: Cary Salsberg who wrote (4557)11/6/2000 8:01:16 PM
From: Jerome  Read Replies (1) of 5482
 
Cary,....cost basis of any given stock.

When you figure your cost basis for any given stock, how far back do you go?

I use the buys within the past 12 months and from this average cost I subtract the covered call premium.

If I go back more than a year it drives my cost basis down absurdly low. For SVGI my last three buys (this Year) are around $20.00 per share. And it is from this price that calculate what call premium to go for.

But I'm always looking for a better way to calculate things.

Regards, Jerome
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