Employee Stock Option Plan

I suppose I could spread these posts out, but why not post three times in one day?

My company's stock is in the toilet, as are most companies. I really want to buy some, because it's just incredibly low and the company itself is doing quite well; money coming in, balance sheets look good, gaining shares of the market, products coming online, medical device market that's semi-insulated. I've decided this is a really good time to start investing in the employee stock option. Like Warren Buffett says, "Be afraid when others are greedy, and greedy when they're afraid."

When they decide the price for our option, they take the lowest opening price on either January 2nd or July 1st of 2009, the open and close dates for the purchase period, and sell the stock to us at 10% below that price. Can't beat that with a stick. I thought it might be complicated, but I called up the fund manager, told them who I was and what percentage of my pay to put in the option plan, and that was it. It took under a minute.

That is all.