Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Mad2 who wrote (2839)	5/3/2000 2:19:00 AM
From: Bilow	Read Replies (1) \| Respond to of 3543

Hi Mad2; Re stock market valuations. Because it has been so easy to predict that MSFT would be higher a year from now than whatever it currently is, employees with in the money options have taken to executing them and holding the stock for a year. This saves a bundle on taxes. Because MSFT is now trading below its 52-week high, it is now possible for such employees to actually have lost money on options that they were granted for free, even though those options were once deep in the money. Of course if the stock actually ends up below your strike price, you really save a bundle on taxes. -- Carl