ST Alpha - "man, I'm glad I didn't hang around my old company one more year for the stock options." (Reading a Post)

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man, I'm glad I didn't hang around my old company one more year for the stock options.

Posted by mafic Oct 20 '08, 23:09

stock shot up to almost �70 a few months after I left, and I was kicking myself, now it's down to �25. my options would have vested in about 6 weeks, probably at just a shade higher than the issue price.

Responses:

thats how I feel about FedEx's 401k, glad I got out before the market dropped hard, only lost a little. -- nm - Stacy Oct 20, 23:15 9
- By "got out" I hope you mean you rolled it over to an IRA, right? -- nm - psilotum Oct 20, 23:16 8
  - By "got out" she means she mailed it to us -- nm - Nigeria Oct 20, 23:17 3
    - no that was a few years before then. -- nm - Stacy Oct 20, 23:19 2
      - well that isn't as funny though -- nm - Redmond Oct 20, 23:20 1
        
        it taught me a good lesson, I'm much more careful now. -- nm - Stacy Oct 20, 23:21
  - no FedEx cahed it out for me without asking since I was no longer with the company, lost about $100. -- nm - Stacy Oct 20, 23:17 3
    - Water under the bridge, now. But know that you have the right to leave it with a company that big, or roll it over to an IRA, if it ever comes up - psilotum Oct 20, 23:21 1
      - yeah at least I get to keep my pension, but I cant collect on it til 55 at the earliest, or 60 for full benefits -- nm - Stacy Oct 20, 23:24
    - *cashed* -- nm - Stacy Oct 20, 23:18

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man, I'm glad I didn't hang around my old company one more year for the stock options.

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