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		<dateCreated>Wed, 22 Nov 2000 03:47:52 GMT</dateCreated>
		<dateModified>Wed, 22 Nov 2000 03:47:54 GMT</dateModified>
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		<ownerEmail>webmaster@userland.com</ownerEmail>
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		<outline text="&lt;a href=&quot;http://www.salon.com/politics/feature/2000/11/21/web_log/index.html&quot;&gt;Salon&lt;/a&gt;: &quot;The seven members of Florida's highest legal body ruled unanimously Tuesday night, at 9:45 p.m. EST, that Secretary of State Katherine Harris must accept the hand count tallies underway in key Florida counties -- provided they meet a 5 p.m. EST, Nov. 26. deadline mandated by the court.&quot;"/>
		<outline text="Wired: &lt;a href=&quot;http://www.wirednews.com/news/business/0,1367,40316,00.html&quot;&gt;Emusic Tracks Napster Naughties&lt;/a&gt;. &quot;Emusic engineers have developed a tracking system that can identify infringing materials on Napster -– something the file-trading company said was impossible.&quot;"/>
		<outline text="&lt;a href=&quot;http://www.agora.co.uk/groove/MMTool.htm&quot;&gt;Hugh Pyle&lt;/a&gt; has a Groove &quot;Mind Map&quot; tool."/>
		<outline text="&lt;a href=&quot;http://www.davosnewbies.com/2000/11/21&quot;&gt;Lance Knobel&lt;/a&gt;: &quot;I fear that the pro-patent people are lying low and staying greedy, happy to let the theorists spout until the cows come home.&quot;"/>
		<outline text="Joel Spolsky: &lt;a href=&quot;http://joel.editthispage.com/stories/storyReader$257&quot;&gt;Netscape Goes Bonkers&lt;/a&gt;. &quot;I laughed heartily as I got questions from one of my former employees about FTP code he was rewriting. It had taken 3 years of tuning to get code that could read the 60 different types of FTP servers, those 5000 lines of code may have looked ugly, but at least they worked.&quot;"/>
		<outline text="&lt;a href=&quot;http://surveys.userland.com/surveys/run/andreww@netscape.com/whatWouldItTake&quot;&gt;Andrew Wooldridge&lt;/a&gt; of Netscape asks what most needs fixing in Netscape 6."/>
		<outline text="Hey Uncle Vava is &lt;a href=&quot;http://www.greatvavavoom.com/discuss/msgReader$73&quot;&gt;back&lt;/a&gt;! I wonder if he knows that it was &lt;a href=&quot;http://scriptingnewsarchive.userland.com/1999/11/21&quot;&gt;one year ago today&lt;/a&gt; that I introduced his site, one of the first Manila sites, to Scripting News readers? And &lt;a href=&quot;http://scriptingnewsarchive.userland.com/1999/12/04&quot;&gt;please remind&lt;/a&gt; me to thank everyone who started a Manila site, on December 4."/>
		<outline text="Survey: &lt;a href=&quot;http://surveys.userland.com/surveys/edit/howDoYouFeelAboutTheHolidays&quot;&gt;How do you feel about the holidays?&lt;/a&gt;"/>
		<outline text="A dot-com nightmare">
			<outline text="A longtime friend who will remain nameless (&quot;Bob&quot; is not his real name) did a two-month consulting job for a promising dot-com startup a few years ago. He was paid in stock options. "/>
			<outline text="A couple of years later the company IPO'd, one of the most spectacular IPOs during the frenzy. His options ballooned in value, when they vested last year his stock was worth &lt;i&gt;$10 million. &lt;/i&gt;All his friends, myself included, were impressed. &quot;Bob is very rich now,&quot; we all said. "/>
			<outline text="Of course he exercised the options. This is known at the IRS as a &quot;taxable event.&quot; At that point you owe the government taxes on the value of the stock at the moment you exercised the options. Bob must have been confident in the value of the stock because he didn't sell any to pay the taxes."/>
			<outline text="&lt;img src=&quot;http://www.scripting.com/images/dotComBustStockGraph.gif&quot; height=&quot;67&quot; width=&quot;157&quot; border=&quot;0&quot; hspace=&quot;10&quot; vspace=&quot;8&quot; align=&quot;right&quot;&gt;Now as the end of Y2K approaches, his $10 million in stock is worth less than $1 million. Unfortunately (this is the nightmare part) he has to pay taxes on income of $10 million. Figure it out. My formerly middle-class friend has to come up with approx $4 million to pay Uncle Sam and Governor Davis. Like most ordinary people this is an impossibly large number. Bankruptcy looms. "/>
			<outline text="I hear this is happening a lot in San Francisco and Silicon Valley. In the next cycle, watch out for irrational exuberance. Sell the stock to pay the taxes. "/>
			<outline text="PS: For most people, $6 million is &lt;a href=&quot;http://davenet.userland.com/2000/10/19/transcendentalMoney&quot;&gt;transcendental&lt;/a&gt;."/>
			<outline text="Bill Seitz: &lt;a href=&quot;http://webseitz.homepage.com/stock-options.html&quot;&gt;Stock Options and the AMT&lt;/a&gt;."/>
			<outline text="Motley Fool: &lt;a href=&quot;http://www.fool.com/portfolios/rulebreaker/2000/rulebreaker001121.htm&quot;&gt;Meltdowns Always Happen&lt;/a&gt;."/>
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		<outline text="Yes she is!">
			<outline text="&lt;a href=&quot;http://www.amihotornot.com/r/?eid=S8OLG&amp;key=SQNAF&quot;&gt;&lt;img src=&quot;http://www.scripting.com/images/kathleenHarrisThumb.gif&quot; height=&quot;46&quot; width=&quot;45&quot; border=&quot;0&quot; hspace=&quot;10&quot; vspace=&quot;10&quot; align=&quot;right&quot;&gt;&lt;/a&gt;&lt;a href=&quot;http://www.amihotornot.com/r/?eid=S8OLG&amp;key=SQNAF&quot;&gt;Katherine Harris&lt;/a&gt; is on AmIHotOrNot. BTW, I think she's &lt;i&gt;very&lt;/i&gt; hot, I think it's curious that others don't, and of course when I was younger I wouldn't have. It scared me that women mature. Now I love mature women. Seriously. No sarcasm. This might be an optimistic thing for younger heterosexual men. No need to be so scared. Why do you think she's getting all those flowers? (BTW, she's four years &lt;i&gt;younger&lt;/i&gt; than me.)"/>
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