WR's Momentum Trades Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : WR's Momentum Trades

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lola who wrote (9713)	3/17/2001 9:15:58 PM
From: ChrisJP	Read Replies (1) of 11130

Hi Wayne and Lola, I have a source at Microsoft who has been there since 1991. I e-mailed him with the question about employees having to pay a huge tax bill as a result exercising options. My guess is that as much as the Microsoft has fallen (50% - 60%), the stock has not fallen enough to cause the resulting tax bills to be greater than the underlying stock. Maybe my source will e-mail me an answer. If he does, I will post it. He mentioned that when he exercised his options this year, he immediately cashed in enough stock to equal the amount of the tax bill. It's sitting in a money fund and will be going to my favorite federal government in a few weeks. Ummmmmm ..... did I mention he's a really smart guy ? lol. He sold the rest when the stock fell below 80. He's still kicking himself for waiting so long to sell .... which isn't as easy as it sounds when you're carting a wheel barrow filled with money to a bank. <g> He has more options that are coming due this year .... I sort of hinted he may want to sell them sooner than later .... Regards, Chris

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next