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Subject:  Re: Two Questions about Cost Basis Date:  8/14/1999  3:12 AM
Author:  JAFO31 Number:  18167 of 124779

hghcpa/Pete: "Sometimes we must revert to the SWAG method of determining cost basis.

S = Scientific
W = Wild
A = Ass
G = Guess"

Is that a term of art that is only taught in advance accounting classes? I have studied the subject a little and have never run across it before. Or maybe you only learn about the SWAG method while studying for the CPA test? (:>)

Regards, JAFO

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