Re: Contract Compensation

Subject: Re: Contract Compensation
From: Ed Gregory <edgregory -at- home -dot- com>
To: Andrew Plato <intrepid_es -at- yahoo -dot- com>, "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Thu, 09 Dec 1999 09:26:13 -0600

In a previous gig, I was compensated in part by stock options. This was a
company with a sizeable lead in an untapped, high-margin niche. As the
company pressed forward and made some bad decisions, however, I began more
and more to regret my decision. Megabucks potential contracts evaporated
because of inability to deliver the completed project. The company
floundered and, after a year, I was out more than $19,000 in compensation
that I would have received had I stuck with good old cash.

How much Amazon.Com stock could I have purchased with that $19,000?

At 10:31 PM 12/8/99 -0800, Andrew Plato wrote:
>Stock is NOT money. When dealing in these types of things, always deal in
>money and THEN convert to stock or options. A $5 option is not the same as a
>$5 bill. You can spend cash, you can't spend an option.

Ed Gregory

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