Re: asterisk

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Posted by Mark on January 11, 2007 at 20:52:50:

In Reply to: asterisk posted by Harry Teder on January 11, 2007 at 20:37:23:

: What does the asterisk stand for in "For liquidated stocks, gain equals -1*Basis" ?

Hi Harry,

It means 'multiplied by'... In the above equation the gain is equal to the negative of the basis.

Thanks,
Mark
--
Fund Manager - Portfolio Management Software

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