Date:         Tue, 21 Aug 2001 14:56:34 -0400
Reply-To:     Michael Townsend <townsend@RTP.ERICSSON.SE>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Michael Townsend <townsend@RTP.ERICSSON.SE>
Subject:      Re: Seems to be alot of vanagons and loafs for sale
Content-Type: text/plain; charset=ISO-8859-1

OT

Of course, if you still owe $1,250,000 Alternative Minimum Tax to Uncle Sam
from when you converted your $2,500,000 stock options, and your shares are
now worth $2500 and you didn't sell enough right away to cover the taxes
because you didn't read the tax form . . . . . . . . . you might have to
sell your Vanagon.

Michael

----------
> From: Standley, Craig <standlc@DATA-IO.COM>
> To: vanagon@GERRY.VANAGON.COM
> Subject: Re: Seems to be alot of vanagons and loafs for sale
> Date: Tuesday, August 21, 2001 3:35 PM
>
> Nah, the media has overhyped a lot of it.  I actually live up here in
> Seattle and things are still going strong.  The only difference is that
your
> stocks that were worth $250,000 are now worth $25,000.   Unless you sold
> them when they were high that is.
>
> It's not as bad as it's made out to be.  Most of the "internet
millionaires"
> were just that on paper and never really saw any of the money anyways.
If
> anything it's forced companies to compensate people with salary now,
instead
> of stock options.  That used to be how they'd get you, with a low salary
and
> a ton of stocks.  Doesn't work like that anymore.
>
> -Craig