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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Pravin Kamdar who wrote (115924)	6/14/2000 5:45:00 PM
From: niceguy767	Respond to of 1579986

Pravin: I have always used an average purchase price, if for same company, of inventory shares when calculating capital gains and it's never been an issue...Never thought about LIFO or FIFO...But then again, I live in Canada!

To: Pravin Kamdar who wrote (115924)	6/14/2000 5:48:00 PM
From: kash johal	Respond to of 1579986

Pravin, re: Tax play. I have always done FIFO. But if u all find a loophole let me know. regards, Kash

To: Pravin Kamdar who wrote (115924)	6/14/2000 6:19:00 PM
From: xun	Respond to of 1579986

Pravin, With E*Trade, you can call them to ask for selling a specific bunch of shares with a specific aquiring date. If I want to sell the AMD shares I bought last, I have to call to sell that bunch. But it can be done for the record. It's somewhat similar when I create a bull call spread on AMD. I need to tell them that the call I sell is not a covered call against my shares. You need to call your broker. Hope it helps. panic