Well, yeah then you might.  For $1,250,000.  :)

-Craig

> -----Original Message-----
> From: Michael Townsend [SMTP:townsend@RTP.ERICSSON.SE]
> Sent: Tuesday, August 21, 2001 10:57 AM
> To:   vanagon@GERRY.VANAGON.COM
> Subject:      Re: Seems to be alot of vanagons and loafs for sale
>
> OT
>
> Of course, if you still owe $1,250,000 Alternative Minimum Tax to Uncle
> Sam
> from when you converted your $2,500,000 stock options, and your shares are
> now worth $2500 and you didn't sell enough right away to cover the taxes
> because you didn't read the tax form . . . . . . . . . you might have to
> sell your Vanagon.
>
> Michael
>
> ----------
> > From: Standley, Craig <standlc@DATA-IO.COM>
> > To: vanagon@GERRY.VANAGON.COM
> > Subject: Re: Seems to be alot of vanagons and loafs for sale
> > Date: Tuesday, August 21, 2001 3:35 PM
> >
> > Nah, the media has overhyped a lot of it.  I actually live up here in
> > Seattle and things are still going strong.  The only difference is that
> your
> > stocks that were worth $250,000 are now worth $25,000.   Unless you sold
> > them when they were high that is.
> >
> > It's not as bad as it's made out to be.  Most of the "internet
> millionaires"
> > were just that on paper and never really saw any of the money anyways.
> If
> > anything it's forced companies to compensate people with salary now,
> instead
> > of stock options.  That used to be how they'd get you, with a low salary
> and
> > a ton of stocks.  Doesn't work like that anymore.
> >
> > -Craig