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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (13698)	9/16/2003 6:44:54 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 306849

<<they want all the benefits, w/o any risk whatsoever.>> Precisely. The name of the game in the bankster industry is "Privatize the benefit, socialize the liability". Until you can't.

To: Skeeter Bug who wrote (13698)	9/16/2003 7:25:41 PM
From: TheStockFairy	Read Replies (1) \| Respond to of 306849

I miss the old days of "I'm gonna exercize my options as soon as my stock doubles again." I personally know at least 15 people that played and lost the AMT game (my background is telecom.) One guy I know exercized roughly $1.2 Mil in Worldcom options, margined it to the hilt and held to the bitter, bitter, bitter, bitter, end. Oh, please bring back the bubble. I just need one more shot at it :)

To: Skeeter Bug who wrote (13698)	9/16/2003 10:19:02 PM
From: Spekulatius	Read Replies (1) \| Respond to of 306849

I don't have too much pitty for these people as well. I was stupid enough to pay 26k$ in extra taxes in Y2000 because I sold stock from my employee purchase plan. It was clear to me after only 5 minutes of research that stock option as well as ESPP gains are immediately taxable regardless weather one sells the stock or not. Most of these people were well aware that they were speculating on getting into the lower LT gains tax bracket, its kind of hard to believe that someone who has hundred thousands or even millions of $ in his hands does not do some diligence and researches the internet or gets advice from a tax expert for a few bucks.