Lucent-Alcatel merger (Money 2006)

How do you handle this in your portfolio? Meaning, what activity do you
classify the Lucent Shares as, and now the Alcatel?

Thank you in advance.

-Tom

Wally
Sat Dec 23 10:31:01 CST 2006

I don't no the details of this particular merger, but have you gone to your
portfolio page and chose "Record a special activity" from the left side of
the page and then selected "Record a Merger?"

"Headhunter" wrote:

> How do you handle this in your portfolio? Meaning, what activity do you
> classify the Lucent Shares as, and now the Alcatel?
>
> Thank you in advance.
>
> -Tom

Cal
Sat Dec 23 10:42:57 CST 2006

In microsoft.public.money, Wally wrote:

>I don't no the details of this particular merger, but have you gone to your
>portfolio page and chose "Record a special activity" from the left side of
>the page and then selected "Record a Merger?"

While that should work, but it is probable that it will fail in
Money 2006. It is probably he will be better to rename the
investment, change the symbol, and then do an appropriate split.

That should work if he did not hold both securities initially, there
was not a cash component other than cash-in-lieu for a possible
fractional share.

>
>"Headhunter" wrote:
>
>> How do you handle this in your portfolio? Meaning, what activity do you
>> classify the Lucent Shares as, and now the Alcatel?
>>
>> Thank you in advance.
>>
>> -Tom

Headhunter
Sat Dec 23 13:24:00 CST 2006

Thank you both for your responses.

Just curious, since I was on the fence about going to Money 2007; can it
handle this type of issue better than 2006? I have a similiar issue with a
mutal fund too.



"Cal Learner-- MVP" wrote:

> In microsoft.public.money, Wally wrote:
>
> >I don't no the details of this particular merger, but have you gone to your
> >portfolio page and chose "Record a special activity" from the left side of
> >the page and then selected "Record a Merger?"
>
> While that should work, but it is probable that it will fail in
> Money 2006. It is probably he will be better to rename the
> investment, change the symbol, and then do an appropriate split.
>
> That should work if he did not hold both securities initially, there
> was not a cash component other than cash-in-lieu for a possible
> fractional share.
>
> >
> >"Headhunter" wrote:
> >
> >> How do you handle this in your portfolio? Meaning, what activity do you
> >> classify the Lucent Shares as, and now the Alcatel?
> >>
> >> Thank you in advance.
> >>
> >> -Tom
>

Cal
Sat Dec 23 17:51:01 CST 2006

In microsoft.public.money, Headhunter wrote:

>Thank you both for your responses.
>
>Just curious, since I was on the fence about going to Money 2007; can it
>handle this type of issue better than 2006? I have a similiar issue with a
>mutal fund too.

Better? Yes, but it has a lesser bug: if the shares were bought with
a Buy rather than an AddShares, it affects your cash transactions
(which it should not). You can work around it by adding an
offsetting transaction into the cash transactions register.

Jon_Hildrum
Sun Dec 24 07:43:41 CST 2006

I was fiddling around with the same problem Lucent Alcatel. Whatever I did
something did not work properly (money 2007). I ended up selling (at Cost
basis) and buying Alcatel at the same cost basis. Thus no gains and the cost
basis is maintained. I tried multiple other approaches but always ended up
with something not working properly

--
Jon Hildrum
Jon_Hildrum@msn.com
www.hildrum.com
"Cal Learner-- MVP" <via_newsgroup@please.tnx> wrote in message
news:b3gro29f48uckkdlmf0i6h974hf7ngujl4@4ax.com...
> In microsoft.public.money, Headhunter wrote:
>
>>Thank you both for your responses.
>>
>>Just curious, since I was on the fence about going to Money 2007; can it
>>handle this type of issue better than 2006? I have a similiar issue with
>>a
>>mutal fund too.
>
> Better? Yes, but it has a lesser bug: if the shares were bought with
> a Buy rather than an AddShares, it affects your cash transactions
> (which it should not). You can work around it by adding an
> offsetting transaction into the cash transactions register.