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Technology Stocks : How high will Microsoft fly?
MSFT 488.04+0.2%9:30 AM EST

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To: Dave who wrote (71412)7/22/2002 2:37:40 AM
From: David R   of 74651
 
I meant what I said, which was neither of your interpretations.

RE: ... Lottery tickets that we call stock options

For a few distorted years, options seemed like free handouts. Now, we have the reality check. Options carry some risk (opportunity costs), but they remain a tremendous motivator for those who are not content to be a cog in the Apples, Suns, or IBM's of the world. I myself work at a pre-ipo startup. Developing leading-edge software is certainly rewarding inits own right. However, I also am motivated to build a company so that I can retire earlier than most. I am taking risk. I mitigate that risk by working hard. Those who work hard and take risks should have an upside opportunity.
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