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Pastimes : The Big Tex House of Coin
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To: Jeff who wrote (15773)12/26/2000 2:38:13 PM
From: ImInAndLong  Read Replies (2) of 19297
 
Those companies have 1000's of employees that were at one time paper millionaires and now have options that are under water. - Some of them went out and bought houses and cars based on the value of the options. - Now their options have no value and they are losing their jobs. - I have heard stories of employees exercising their options earlier this year using borrowed money and then riding the stocks all the way down.
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