Over 124,000 purse addicts registered members...

shallow obsessing strongly encouraged

Go Back   The Purse Forum > The Playground > Money Talks

Reply
 
Thread Tools
Old Jun 16th, 2008, 03:06 PM   #1
Member
 
enshogirl's Avatar
 
Joined: Dec 2007
Location: NH, USA
Posts: 731
My current employer has been "bought" by a larger company. We have been told that we can cash in our stocks when the merger is complete in two weeks.

I am new to this whole stocks and shares thing, so could someone please explain what "Cost" is vs "Estimated net cash out" The "Cost" is a value that is much higher. When I cash in my stocks do I get the "Cost" value or the "Net Cash Out" value?

Please let me know if I need to provide further info. I am so confused.

TIA!
__________________
enshogirl is offline   Reply With Quote
Old Jun 16th, 2008, 03:24 PM   #2
Member
 
enshogirl's Avatar
 
Joined: Dec 2007
Location: NH, USA
Posts: 731
Nevermind. I just learned that it's the "Net Cash Out" value I will get.

I learn something new everyday.
__________________
enshogirl is offline   Reply With Quote
Old Jun 16th, 2008, 09:54 PM   #3
Member
 
IcansPotaFake32's Avatar
 
Joined: Sep 2007
Posts: 366
yes, exactly. Congrats! I hope this is a good thing for you! I made a decent amount of change when my company was bought out because all of our shares became immediately vested. It was great! This was kind of one of the nice things about working at a small company.
IcansPotaFake32 is offline   Reply With Quote
Old Jun 17th, 2008, 12:26 AM   #4
food, air and tPF
 
ChocoGrace's Avatar
 
Joined: Dec 2007
Location: By the sea in SD...
Posts: 1,935
Glad it will work out for you, Enshogirl!
__________________
ChocoGrace
ChocoGrace is online now   Reply With Quote
Old Jun 17th, 2008, 10:50 AM   #5
Member
 
enshogirl's Avatar
 
Joined: Dec 2007
Location: NH, USA
Posts: 731
Thanks everyone!

I'm using the money to pay off some major credit card debt. It will now only be three months until I'm credit card debt free since I bought my house! I'm so excited to start a savings account soon after!
__________________
enshogirl is offline   Reply With Quote
Reply

Go Back   The Purse Forum > The Playground > Money Talks

Thread Tools