RE: Subject: stock options

Subject: RE: Subject: stock options
From: "Jane Carnall" <jane -dot- carnall -at- digitalbridges -dot- com>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Mon, 25 Mar 2002 13:18:25 -0000

Mark L. Levinson
>I'm envious when I read in _Moby Dick_ about
>how a harpooner would get something like one
>three-hundredth of the profit from a voyage.

Though bear in mind that a harpooner would be one of three or four skilled
experts on whom the entire profit of the voyage depended. <g> One
three-hundredth looks kind of mingy when you think about it that way.

>I have always received several thousand shares, not
>the few hundred that Andrew mentions. But Andrew
>is correct that such numbers have no meaning when
>divorced from the value of the company.

I've received two sets of stock options - 35 potential shares from one
company, and 1000 potential shares from another. Number of shares is pretty
well irrelevant - it matters more whether you want to take a gamble. You
might win, you might not. I would certainly never join a company solely
because of the promise of stock options, nor stay on solely because of
unexercised stock options. I like a bet, but not enough to let it run my

Jane Carnall
Apologies for the long additional sig: it is added automatically and outwith
my control.


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Subject: stock options: From: Mark L. Levinson

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