Originally Posted by
sailingfun
What is interesting is the 2007 hires are perhaps in the position to have the best careers anyone has seen at Delta. Advancement is going to be rapid for a long time. The front loading of the retirement plan via the merger stock is absolutely huge from a retirement standpoint. 150k upfront is easily worth 5 or 6% in yearly contributions over a 30 year career.
Disclaimer.....not complaining here.
Where do you come up with 150K merger stock? Are you assuming that is the value of the merger stock if we did not sell it and still hold it? I'll bet almost all of us dumped that long ago. I sold out at $15/share for about 50K.