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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Victor Lazlo who wrote (92615)	1/30/2000 10:09:00 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

You brought up options. With vested options you have a choice - you can exercise early on (when stock is low) - selling a % of your shares at a low price to cover the rest... then hold the remaining shares and obtain the bulk of gains as favorable 20% capital gains, OR, wait until the last minute to sell and pay 39% (or whatever the highest federal bracket is) + state tax, + 1.45% medicare as ordinary income on the same $$. 20% vs. almost 50% - ever wonder why most execs have such low salaries?