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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (53657)	3/27/1999 8:05:00 PM
From: Skeeter Bug	Read Replies (2) of 132070

mike, speaking of options scams... my friend works for a company that has an espp plan that allows him to take the lower of the stock price at the time he was hired or the present stock price. he's putting 10-15% (you can believe the max!) of his pay in there and buying a $51 stock for $11. so, his espp turns out to be 40% of his salary. nice deal, huh? this doesn't count his freebie options... thank you sucker shareholders!

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