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To: Cary Salsberg who wrote (4557)11/6/2000 8:01:16 PM
From: Jerome  Read Replies (1) | Respond to 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



To: Cary Salsberg who wrote (4557)11/6/2000 9:21:56 PM
From: scott_jiminez  Read Replies (1) | Respond to of 5482
 
Whatever! Cary.

Dale's post from earlier today could be directed at you with the same degree of validity:

'Perhaps you could take your pissing contest with everyone who disagrees with you in the least, to another forum. I'm sick of reading your boastful posts. If you're so "clear, logical", and whatever, blah, blah, blah......you can probably get a 6-figure job as an analyst with any of the major Wall St. brokerages. Go for it!'