> I should know the answer to this but I don't. I recently
 > received some shares of Lucent Technologies as a spinoff from
 > AT&T. How are these shares accounted for in Quicken.
Assuming you are using Quicken 5.0 for windows:
1.  From the Activities menu, choose Portfolio View. Or from an investment 
register, click Port View. The Portfolio View window appears. Make sure the 
account containing the original corporation's security is displayed.
2.  Select the security from the list. Use the Up or Down Arrow key to locate 
the security.
3.  Click Action on the button bar, choose Advanced, and then choose 
Corporate Name Change, Corporate Securities Spinoff, or Corporate Acquisition 
(Stock for Stock).
4.  Fill in the form.
 > What do I enter as the initial price since I did
 > not pay for them. I guess I really did pay for them since the
 > price of my AT&T was impacted. Is that right?
You need to contact AT&T, Lucent, or your stock broker to find out the exact 
percentage that the company allocating to each company. They will give you an 
exact percentage of your cost basis that you should be allocating to each 
company.
I searched the web and found the data for you:
    72.01% of your original cost basis is allocated to AT&T shares
    27.99% of your original cost basis is allocated to Lucent
You were issued 0.324084 shares of Lucent for each share of AT&T.  To 
determine your original cost per share of Lucent, multiply your number of 
shares of AT&T by .324084 (to determine shares of Lucent).  Divide this into 
the total cost basis of Lucent (above) to determine Lucent cost per share.  A 
detailed discussion of this can be found at:
    http://fool.web.aol.com/foolwire/96archive/sp1007b.htm
I will netmail you the page in case you don't have web access.
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