. The question then becomes, how much did it cost you to purchase the stocks, and how much will you realize as profit when/if you do sell them. That's the cost-basis problem I was talking about. What with the stocks having been managed by multiple institutions at one time, no single place has a record of what the purchase price was at the time the stocks were bought. And that also has to be computed for the split-off stocks for the 6 new companies over time! I never thought the original company could possibly create so much trouble down the line due to... too much success?
I don't think I bought any stock after maybe the first 10-12 years, but that mystery-history really creates problems.
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Date: 2025-04-19 06:18 pm (UTC)That's the cost-basis problem I was talking about. What with the stocks having been managed by multiple institutions at one time, no single place has a record of what the purchase price was at the time the stocks were bought. And that also has to be computed for the split-off stocks for the 6 new companies over time! I never thought the original company could possibly create so much trouble down the line due to... too much success?
I don't think I bought any stock after maybe the first 10-12 years, but that mystery-history really creates problems.