Tuesday, January 10, 2006

Employee Stock Purchase Sale

I've started to sell some company stock for the condo downpayment. Our company just completed the Q4, 2005 employee stock purchase. I sold the shares today and netted a 85% total return. I still have two more quarters remaining with this favorable price. The sales from the employee stock purchase plan and the 5% initial downpayment will provide ~ 1/3 of the funds for my total downpayment. I hope to raise as much cash as possible without selling any stocks other than the ones from the stock purchase plan.

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