Re: Employee Stock Purchase Plan?

"jIM" <noreplysoccer@[EMAIL PROTECTED]
> wrote in message >
> My opinion is that as you have termed your strategy, you are taking on
> a lot of risk for a 1.5% annual gain.
>

I don't get this math. He buys a stock for 15% less than the ticker price.

If there is no price fluctuation, why isn't his gain 15% when he sells? I 
must be missing something. Bill said his "bonus" was 1.5% because 
technically that's what the company is giving him, gratis. But if you or I

saw a gain of 15% in a stock, which is what Bill is seeing, we'd call that
a 
15% gain, not 1.5%.

Elizabeth Richardson 

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