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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 244.41

+0.6%

Nov 7 9:30 AM EST

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To: Lizzie Tudor who wrote (92618)	1/30/2000 11:58:00 PM
From: Victor Lazlo	Read Replies (1) of 164684

<<So lets say msft RANK AND FILE people got ¬ of that in 1994 or so. After 2 splits - viola - 10K shares at 100 stock price - one million.>> Need to deduct the excercise price. Plus, most places the options are granted over 3 or five years and don't vest for one year. So to deduct from the one million the average excercise price of $10 and (1994- 5 1995 - 10 and 1996-15) = "only" 900k. Not big difference for tax purposes, i agree. But with linux, apache, and Sun nipping at msft share, AOL already there, a possible court-ordered break-up, and MSFT leadership changing, i would be willing to bet that lots of previously sanguine msft employees are starting to think long and hard about their unrealized gains... Again, just my opinion.

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