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I had a couple of mergers last year (Visio merged with Microsoft, Homegrocer merged with Webvan).

I purchased 25 shares of Visio on 3/24/99 (total came out to $671.10). The stock was converted to Microsoft on 1/11/00 (11.25 shares).

I purchased 50 shares of Homegrocer on 5/15/00 (total came out to $304.85). The stock was converted to Webvan on 9/7/00 (53.8025 shares).

For the fractional share of Microsoft, I came up with:

-------- = $59.65 per share basis in new stock

$59.65 X 11 = $656.19

$671.10 - $656.19 = $14.91

For Webvan:

------- = $5.67 per share basis

$5.67 X 53 = $300.30

$304.85 - $300.30 = $4.55

Are these calculations correct?

Also, the 1099-B statement listed the gross proceeds for Microsoft as $26.48 and Webvan as $3.18. Would I use these to determine what goes on schedule D? If so, how?

-- LB
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