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To: Bilow who wrote (80897)	2/4/2002 11:44:07 AM
From: Skeeter Bug	Respond to of 93625

>>It wasn't reformAMT, it was just one poster on their discussion board<< then that person ought to be ashamed of themselves. any other folks using this tragedy to bolster their financial agenda should take a hard look in the mirror - not too long, though, as the UGLINESS might kill 'em and then the moron that posted this story may use their tragedy to bolster his financial position. i've had quite a few conversations with these guys/gals over at reform amt and they feel they should be able to get paid in the form of a liquid asset and that taxes should be deferred until the time of sale. yes, they want the company to get an immediate DEDUCTION for the value of the stock and they don't want to be LIABLE for immediate taxes. the whole thing is REALLY LAME. folks in lock up have some right to b*, however, they could have been savvy and applied some risk reduction techniques, too. but, that would've cut down on the windfall - which was UNACCEPTABLE to many b/c they are GREEDY. i think the guy that started reformamt turned a $3 mil after tax bonanza into an obligation over $1.5 million. $3 mil wasn't ENOUGH. he wanted 80% of the $6 million (or $12 million as csco ALWAYS goes up, right). he calculated the risk and accepted it. he LOST and now it is the amt's fault he is broke. kind of like blaming the slot machine for taking your money in vegas - except many were betting millions.