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Technology Stocks : Winstar Comm. (WCII)
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To: pkwknk who wrote (11176)5/13/1999 2:30:00 PM
From: limtex  Read Replies (1) of 12468
 
pkwknk -

Someone mentioned to me that the reason Nate got rid of the stock was in fact that it was stock that arose out of options that were about to run out and that there was some kind of tax consequence if he kept them and he had to pay the option price for the stock and therefore all in all he was better of to seel all the stock.

Now I seem to remember posting that I didn't think the stock sale would do much for the image but this response got posted and I never thought to check whether it was plausible and therefore true.

Best regards,

L
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