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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (45875)10/23/1999 11:05:00 AM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
LWIN spin-off distribution was treated (for tax purposes) as if you got a cash dividend in the mail of 1/4 of $6.875 per Qualcomm share.

Each LWIN share (from the spin-off) has a basis of $6.875.

(So, if you happen to sell LWIN at exactly 6 7/8 (net, after commissions), you had zero gain or loss on your shares).

Jon.