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Strategies & Market Trends : Money95, Money98, Money99, Quicken, and the like..

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To: HIA who wrote (4)2/1/1999 7:23:00 PM
From: Hart  Read Replies (2) of 14
 
i'm not sure i follow....

profit and loss in money95 is based on historical costs
not market values at month end.. the unrealized gains are
compared to the average cost base. to get $124 loss on money95
your cost would appear to have been 10.56 on the original
100 share purchase..

no wonder its confusing.

dec31 MV 6.938 x 300 shares = Total MV - 2081.50 6.938
cost - dec purchase 200 x 5.75 (1150.00) 5.75/avg
then cost of existing nov must be (1055.50) 10.56/avg
---------
loss (124.00)
=========
avg cost (1150+1055)/300 = 7.35

is this true in your example?
i think the nov 6.75 price is not relevant.
even so - if there were mistakes (such as this?) inputed into a
different program, like hia, it can easily be overlooked.

it just would be nice to have everything you want in one package.

take care.
hart
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