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Author: msanghvi Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 371  
Subject: how do i record the divesture of KME ? Date: 8/22/2000 2:12 PM
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'allo,

What is the new value of ZD and and at what price do I record KME as being purchased ? I believe that KME's purchase date will be from the date I purchased ZD and not from August 21 2000. Is this correct ?

I have 20 shares of ZD with a cost-basis of $20.185

by my calculations (using Yahoo historical quotes for the 18th of August, the 1st day for KME)

new cost-basis:

ZD --> $16.98844
KME --> $ 6.39311


Does this sound correct ?


thanks for any help.

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