Quote:
Originally Posted by pw2006
Hey Greg- I have a story as well... I sold some of my apple options back in 2002 to help pay for my wedding/honeymoon/house down payment. The shares were trading for a split adjusted ~$7.40, we now trade close to $400. I don't refer to her as an anchor.  But man do I wish I had hindsight! |
Gwen started at MSFT in 1984 --- in 1986 they went public and her first stock option was 750 shares at $32.50.... at Thanksgiving there was a bunch of fellow 'softies' at dinner and we were laughing at this "gift" -- I said I'd prefer a coupon for a free turkey at Safeway.... Because at the time - MSFT was trading at $30 and this "option" was higher at $32.50....
Man was I dumb!
Okay - just so ya know - that 750 shares - split so many times that it grew into 108,000 with a cost adjustment for the splits @ .11 cents per share.
Did I mention how dumb I was??