Re: How many worthless stock options do you have?

[Paul Sinasohn <sinasohn -at- sendmail -dot- com>]

I got stock options with my first tech writing job, right when I
transferred into the field. I stayed with the company 4 years (through a
buyout) and ended up with enough to pay for landscaping the backyard and
putting in a hot tub. 

Frills, essentially.  I sold fairly close to the high of the stock (on
the way up).

Now, I'm holding what's left of those shares as just something else to
have around for sometime in the future. If they go up, great. If they go
down, no big loss.

My current company just swapped the option grants for share grants, but
they vest on the same schedule (though it's a reverse-vesting, in that
the company loses the right to buy back shares each month).

I would never count on options for wealth or income, but if so,ething
comes of them, then a dream can get realized.

(Next dream: vacation flat or house in the UK somehwere)   :-)
-- 
******REMOVE NOSPAM FROM REPLY ADDRESS ABOVE******
Paul E. Sinasohn    510-594-5571
Sr. Technical Course Developer
Sendmail, Inc.        www DOT sendmail DOT com
Motto: Qihu Nanxia    sinasohn AT sendmail DOT com

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

A landmark hotel, one of America's most beautiful cities, and 
three and a half days of immersion in the state of the art:
IPCC 01, Oct. 24-27 in Santa Fe.  http://ieeepcs.org/2001/

  +++  Miramo -- Database/XML publishing automation.  See us at  +++
  +++  Seybold SFO, Sept. 25-27, in the Adobe Partners Pavilion  +++
  +++ More info: http://www.axialinfo.com  http://www.miramo.com +++

---
You are currently subscribed to techwr-l as: archive -at- raycomm -dot- com
To unsubscribe send a blank email to leave-techwr-l-obscured -at- lists -dot- raycomm -dot- com
Send administrative questions to ejray -at- raycomm -dot- com -dot-  Visit 
http://www.raycomm.com/techwhirl/ for more resources and info.