Wednesday, May 15, 2013

CBS Stock

From Tom Taylor's NOW column...

CBS not only hit $50 for the first time since it was spun out of Viacom in 2006, it touched $50.73 at one point. “CBS” gained $1.05 (2%) yesterday to close at $50.03.

Sounds good, doesn't it? Well, the stock options I earned at CBS (more than ten years ago) kick in at something like $60 a share. Never accept stock options instead of cash. Just sayin.