Word: stocking
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Dates: during 2000-2000
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...Standard is probably a sounder candidate for an IPO than some of the dotcoms it covers, even though editorial Web ventures have a tendency to slump on Wall Street in the long run. Battelle, a Wired veteran who saw that magazine's stock-offer bid crash and burn, is cautious. "I don't want to go public till I'm sure I have a company that will be here in 10 years," he says. That's a lifetime in Internet time. Still, a magazine that took only 22 months to become an institution has a good head start...
...things are clear from the deluge of mail I've received since my "Retirement Tricks" column ran several weeks ago: 1) a whole lot of people are sitting on a whole lot of highly appreciated employer stock in their 401(k) plans, and 2) despite a fair amount of press, confusion reigns concerning an IRS rule that permits people who retire or switch jobs to take possession of their company stock rather than roll it into...
Does it matter whether my stock is part of an employer-match program, or can I also include the shares bought with my own contributions...
Both qualify. But if you bought employer stock with after-tax contributions, those shares should be separated to avoid double taxation...
...atmosphere of gold rush - of 24-year-olds in Gap khakis making billions - creates invidious expectations and a simmering resentment of Why Not Me? The stock market flaps higher and higher, soaring magnificently, but something in us expects the sun to melt its wings and bring it down like Icarus. Free-floating anxiety causes anger...