[thechat] Employee Share Purchase - opinions..?

Chris Marsh chris at webbtech.co.uk
Tue Dec 10 17:08:00 CST 2002

> > It depends.  How close are you to retirement?    ;-)
> heh. Not close enough. (there are nice UK tax rules about
> employee share ownership where you don't get taxed if you
> sell on retirement compared to leaving the company as a normal leaver)

Screw that, I'm moving to Andorra or the like if and when (please GOD
let it be when) the company that gave me a load of stock during the bad
old days goes public... I'm not borrowing against the possibility,
though <g>.

Some friends and I are putting together a syndicate to buy some Marconi
shares, though. Low stake, a bit of fun watching the market, and who
knows? Maybe a windfall in a few years. As you probably all know a lot
more about the stock market than I do (>0 will do) has anyone any
comment on whether we might as well flush the stake down the pan?



Chris Marsh

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