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To: HG who wrote (90108)	1/7/2000 9:29:00 AM
From: Tradegod	Respond to of 164684

>> hope your friend looks at it that way...!!! Obviously these options are long term holds. However when youre a mid level employee whose seen a perk go from 50k to 13 million in just 18 months, I think it's prudent to hedge. My advise to him several months ago was to take his first 20% which are eligible for exercise, grab them, pay the taxes and tuck the net 1 million away in something extremely safe. I likened it to an NFL rookie getting a big signing bonus. Don't go buy new houses and cars with it all, take 1 million of it and tell your financial advisor you don't want to see it or be able to touch it for 15 years. He planned to do that, and in the past 2 weeks has seen an incredible swing in just the value of the shares he planned to exercise.