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Personal Finances / Credit Cards and Consumer Debt
|Subject: Debt -vs- Investment||Date: 3/30/2000 11:31 AM|
|Author: Meyer4||Number: 30762 of 311550|
I am out of debt, at least I will be in a few months.
I have a chance to purchase stock with the company I work for. The company is set up to eather be bought or go IPO within the year. The company has stated this before a year ago. This time it looks more promising.
A lot of work is going into getting the paper on line but the product is still young and not proven.
$7,000 buys me 5,000 shares. I would have to borrow more than half the money to do this.
should I go in debt to take a chance on an IPO. A buy out is forcasted at $40 a share and an IPO at $20.
Please advise soon
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