club_cafe: Cisco, and sold LTCG ??? don't understand report

iras1 on

In a message dated 7/23/2007 6:47:55 P.M. Eastern Daylight Time, etana_finkler@bivio.com writes:

I don't understand the attached reprt of buys and cells for
Cisco.
Club boughtr 30 shares, 11/2000
Club bought 54 shares 3/2001
Club sold 30 shares 12/2001

There is a sale of LTCG on 12/2001 in this report, that I
don't understand. I don't believe CSCO spun anything out.

You didn't sell LTCG. The sale resulted in a LTCG (long term capital gain).

Ira Smilovitz

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