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To: Ali Chen who wrote (159646)2/21/2002 4:19:25 PM
From: Tenchusatsu  Respond to of 186894
 
Ali, <Those guys elected to sell the whole vested bunch.>

Big deal. Barrett already owns 2.8M shares:

biz.yahoo.com

Tenchusatsu



To: Ali Chen who wrote (159646)2/21/2002 4:27:27 PM
From: wanna_bmw  Read Replies (1) | Respond to of 186894
 
Alice, Re: "It does not look that you ever have any options yourself"

Shows how much you know. <ggg>

Re: "With a grownup stock, a person would certainly exercise
his options. However, for a stock with good prospects
to grow, that person would sell only
a fraction of shares to cover the purchase price and
taxes, and keep the rest for future big returns."


So what makes you the expert? I don't suppose you get any options benefits at your screwed up screwdriver shop of yours, do you? Sorry that Dell is still eating your lunch. I can see how that would make someone bitter. <gggg>

Is that why you're jealous of Barrett's cash out, as opposed to him converting to stock? Barrett is entitled to enjoy a little of life with the billions of dollars he has invested in his company. Don't worry, though, since he still has a long ways to go before he has as many limos and statues as Jerry Sanders. <ggggg>

wbmw



To: Ali Chen who wrote (159646)2/21/2002 4:31:09 PM
From: fingolfen  Read Replies (1) | Respond to of 186894
 
With a grownup stock, a person would certainly exercise
his options. However, for a stock with good prospects
to grow, that person would sell only
a fraction of shares to cover the purchase price and
taxes, and keep the rest for future big returns.
Those guys elected to sell the whole vested bunch.
You apparently do not understand an implication of
this.


Actually it's not quite that simple. Tax-wise, it's easier to sell the whole lot and then repurchase shares than it is to do a mixed sell-purchase scenario. Plus, I generally see gains from mature options as cash for diversification... but that's just me.