Right on Dale. Don't rely on options. Your CCIE is like money in the
hand. Options are promises on paper.
-----Original Message-----
From: Dale Holmes [mailto:[EMAIL PROTECTED]]
Sent: Thursday, September 14, 2000 7:07 AM
To: [EMAIL PROTECTED]; [EMAIL PROTECTED]
Cc: [EMAIL PROTECTED]
Subject: RE: Would you back-burner your CCIE training for...
>I work for an SBC affilliate, so I can only hope that the upper
>management from SBC have finally taken the red pill.
>
The arrival of the spaceships has been delayed, do not eat the pudding.
REPEAT - DO NOT EAT THE PUDDING!
>
>
>My question to all is, would you back burner your CCIE training for a
> >while for a chance of the options which you'll know the value of in a
> >short amount of time, or would you rather pass because CCIE is a must,
> >ASAP?
>
What are you, nuts?!?! Options are TOTALLY WORTHLESS, unless you can vest in
them fully within the first year. Internet startup??? I don't care who the
management is or who the VC is, they are going under before you vest. If
they are not totally gone, the stock price will certainly plummet, and there
goes the value of your options... The stock will most likely climb rapidly
in the first year, and that is where you will earn your money. By the time
you vest (usually 4 or 5 years), those options won't be worth the paper that
the offer was printed on.
Don't think so? Look at Netscape, ToySmart, and countless others...
F**k options. You want to motivate me? Pay for my CCIE cert - books,
classes, practice labs, exams... When I pass, kick my salary in the ass...
that's something I can count on.
Dale
[=`)
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