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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (19590)3/22/2002 9:40:11 AM
From: sylvester80  Read Replies (1) | Respond to of 21876
 
I include the ST profits in the LT cost basis average. By taking profits on very ST trades during the last 4 months just like I did the last 2 days. When you average those profits in the cost basis of the LT shares I end up with an average of low 3s.



To: GVTucker who wrote (19590)3/22/2002 1:10:40 PM
From: Marc Hyman  Read Replies (1) | Respond to of 21876
 
How is it possible for a cost basis to drop into the low 3's when the all time low is $4.10?

Basis could come from T or ASND or something like that. It's only possible when you are a *long* term holder. Some of my LU shares go back to stock purchased in '94 (from options granted in '90).


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