Joel, when talking about cost basis, I referring to his suggestion about buying more company stock to reduce his cost basis. My point was that his cost basis was zero if he wasn't buying any of the stock himself. But you are right, and I should have added as an aside, that in a 401k, cost basis is irrelevant except in calculating performance.

As I mentioned, no single position should be overweight in one's portfolio and I recommended re-balancing if that became the case. I think I also asked the question of whether he believed that the company had growth potential or was likely to continue lagging or some such. I don't quite remember how I phrased it. But I would imagine there are probably restrictions on how soon he could actually sell the free company stock he was given should he decide he didn't want to invest in this company long term.

Fuskie
Who doesn't think we were saying anything different, just saying it differently...