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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?


To: Joyce Chen who wrote (9247)4/2/1998 10:02:00 AM
From: lawrence lerner  Read Replies (1) | Respond to of 13594
 
Last shares purchased(presumably at a higher prices) or sold short, first shares sold or covered.
For tax purposes.
However, once used, it must be used on all subsequent transactions; as opposed to FIFO(first in, first out), or cost averaging.