Listening: panicked co-workers

Hm. Yahoo bought us.


this has a very big potential to suck. But it's way too early to say. For those of us who own stock it's been explained as good thing, but I don't understand the language.


And of course most of my co-workers have experience with Web companies that were bought and promised their workers everything would be just fine a couple of weeks before firing them.


Got a con-call at 10am. Could be fired by 10:30. We'll see.


More as developments reveal themselves.

945am: getting bussed to a meeting at a hotel at 3pm. Starting to worry.
11am: Morning meeting over now; feelings slightly less apprehensive (though I worry I may lose money in stocks).
210pm: Our stock is shooting up while Yahoo actually is in the positive (they've been dipping recently). So investors should love this. That in now way means we the peaons will. Have to go get on the bus.
508pm (and finally): Meeting was a lot of energetic insistance that this merger/aquisition is to fit two compatible companies into one corporation to better dominate the given marketplace. No real answer to "will I lose money/benefits/my job" but the highest-ups were jovial, in a hyper-sleep-deprived kinda way.

So that's all I've got on that. Everything should be settled in 4Q and by 2004 we'll be getting check from Yahoo! assuming we're still employed here. They insist that it's too soon to start considering cuts and they can't really hint at the equation that will apply to our stock options, only that they'll roll over like our stocks.

And that's about it for today.