Re: Employee Stock Purchase Plan?

Elizabeth Richardson wrote:
> "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%.

I think Jim was thinking of this as a 1.5% addition to salary (10% of 
salary at 15% discount), which is actually a little higher as Steve 
points out.

-Will

william dot trice at ngc dot com

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