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In my previous post, I’m attempted to elicit opinions on what to do with my EA stock once I get my first set of shares at the end of February. I got two answers from current EA stockholders, both of which told me to hold onto the shares for as long as possible.

I understand the holding on part but why for as long as possible? Wouldn’t it make more sense to sell the shares once the stock price reaches an advantageous level? If I buy at $45 and the stock prices rises to $75, why wouldn’t I sell? Unlike a savings account, shares can go up and down in value over time. The power of compounding interest and time doesn’t factor into stocks. What about holding onto stock makes it better than selling when the price is high? Let’s say I do hold onto my shares until I want to buy some property. What if at that time I need lots of money but my shares are actually worth less than what I paid for them?

I wish I had started to learn this stuff when I was in my early 20s.

When I started at EA in August, my timing was fortuitous in that I was able to jump into their Employee Stock Purchase Plan right away. Rather typing out what that is, I’ll just quote another website:

“A typical ESPP program lets employees elect to set aside 10% of their salary to purchase shares of stock in their own company. This stock is typically issued at six month intervals. The purchase price per share is typically the market price of the stock less a 15% discount. The market price chosen is either the price at the beginning of the six month interval or the price at the end of the interval, whichever one is most favorable to the employee.”

My first six month offering period is coming up at the end of February. I believe when the interval started, ERTS was trading at almost $50 even. EA released their quarterly earnings report today and the company beat analysts’ expectations. In afterhours trading, ERTS is up just over $3, bring the stock to approx. $53.50.

My question is, what do I do at the end of this offering period? Let’s assume the stock stays above $50, so my purchase price will be $50 less 15%. Do I sell immediately? I’ll reap the benefit of the difference in prices plus the 15%. Or, do I hold onto the stock for a little longer, hoping the price will increase even further, thus further multiplying my gain? If I hold onto it, I run the risk of the stock price dropping and then I’ll be in a loss position.

The safe bet would be to sell immediately and guarantee myself at least a 15% gain (minus dreaded taxes). The intelligent choice would be to analyze EA’s position in the coming months and choose accordingly. I’m dumb when it comes to money, so I’m really weak in that area.

Maybe we can look it briefly… the industry is through the console transition. The 360, PS3, and Wii are all out in the marketplace now. Gamers who were holding their money back to wait for the new systems are now spending. From now on, gamers should be back to their pre-transition buying habits. EA is making games for the PC, 360, PS3, and the Wii. It seems like we have all bases covered and I’m also privy to some titles that haven’t even made public yet.

Unless, I’m missing something, should continue to rise beyond February which means I should hold onto it. Right?

Well, that was a lot of dry money talk. To offset that, here’s a picture of that giant baby (14.5 lbs) that was born in Mexico recently.

After reading this story, all I have to say is, “I hear ya brother.”

UPDATE: I know the links are not working. They will be fixed shortly. Tim says if you copy and past the links into your browser they should work.

My friend Ron was able to purchase a Nintendo Wii recently. As part of Nintendo’s Wii culture, he whipped up an online persona for himself, me, and our friend Tim. These virtual caricatures are also known as Miis.

I’m the first one. Ron is the second. Tim is the last one. Ron appears to believe I’m an overweight dude who is either always worried at something or constipated.

You can find a picture of Ron here. Admittedly, his hair is a bit longer now, so his Mii isn’t too far off. A picture of Tim can be found here.

[youtube=http://www.youtube.com/watch?v=Dgb8Clnj0lo]

I was hesitant to post two YouTube videos in a row but this second one is quite amusing… well maybe for geeks. If you’re even the slightest sci-fi fan, then you know how great the movie Star Trek II: The Wrath of Khan was. For the original cast, it was simply the best movie out of the six that were made. There is a well-known scene at the end where Kirk pays tribute to Spock, who died saving the Enterprise. The crew then sends Spock’s burial capsule towards a newly born planet. Actually, if you’re ever around Jeff Newmark, he does a killer impression of Kirk at the end. Get him to do it for ya.

Anyways, on last night’s Family Guy, they did an almost exact shot-by-shot homage to the scene. Stewie loses his beloved teddy bear Rupert in a garage sale. The homage is Stewie’s way of showing how much Rupert means to him.

The above video shows both versions of the scene.

[youtube=http://www.youtube.com/watch?v=80W9pW3TTxw]

On the weekend, Roger Federer won his tenth Grand Slam title, capturing the Australian Open in straight sets. Before he got to the final, he effortlessly dismantled Andy Roddick in one of the semifinals. Roddick lost 6-4, 6-0, 6-2 in a relatively quick match. If you’re interested in seeing highlights from the semifinal, click here.

What was most amusing was the post-match press conference with Roddick afterwards. Despite just being destroyed by Federer, Roddick was suprisingly funny during the Q&A. The video above shows a few choice minutes from said press conference.

When I was hired by Electronic Arts, the plethora of documents I received in my welcoming package stated that all employees start off on probation for a period of three to six months. Anytime during that period my manager is able to make arrangements to take me off probation and make me a regular full-time employee. If you’re not told by your manager you’re off probation, then you’ll still on it.

Well, three months into my latest tenure at EA, I had a “90 day check in” with my manager. I enjoy working with my manager and meet with her often, so this check in thing didn’t really bother me. At the end of the meeting, everything seemed fine but I wasn’t told I was RFT yet. So I just assumed I was still on probation.

Nearly three months go by and we’re into this week. I have my regular 1-on-1 with my manager and I mention that I’m almost at six months with EA and I’m looking forward to getting off probation. She looks at me funny and then tells me I’ve been off probation for nearly three months. I’d been RFT all this time. Turns out the 90 day thing was my elevation into full fledged status.

Now this is good for several reasons. First, at least a few people at EA have now deemed me competent enough to work at the largest video game developer in the world. Some of you might know this was a bit of a concern to me when I first accepted the job. Second, this probably means I’ll get my business cards now. Yay! Last but not least, I’m now eligible for the console reimbursement.

What console reimbursement? EA will give me $100 back on a purchase of any video game console I make. All I have to do is give them the receipt and I’ll get an extra $100 on my paycheque next time. In some perfect timing, the EA store at our Vancouver studio has indicated they’ll be receiving an unknown number of Nintendo Wiis soon.

At $280 – $100 = $180, that’s a pretty decent price for new-gen console. I am, however, not as excited about the Wii as I was about my 360. First, Nintendo dropped the ball in my mind with their video output. It tops out at 480p. What? My Atari 2600 did that in 1980. Second, what kind of console offers composite and component cables only? My LCD only takes DVI, VGA, and HDMI. The only way I could use my LCD is to plug the Wii into my TV tuner card in my computer via composite (or a mythical s-video cable) and then run the TV tuner app via Windows XP. I bet it’d look a lot less sharp compared to my 360.

Nonetheless, I’m still thinking of buying one because overall, the Wii is damn fun. Wii Sports alone kept me occupied for hours on our team Wii at the studio. Let us not forget as well about the guy who said his Wii led to some substantial weight loss. That’s pretty cool.

If the studio store gives me a chance, this regular full-time employee is getting a Wii!

I woke up ten minutes late this morning. When I realized this, I had two options: rush my morning routine or just get in later. I chose not to rush. I also had the choice of getting the next bus which comes half an hour after my usual one. Or, I could just catch a bus to Lougheed Mall and take the Skytrain to work.

I’m getting real tired of taking my usual one bus to work. Even though I always get a seat, it’s usually still quite packed and I’m stuck in that one bus for at least 45 minutes. It always full of old people that make strange noises and they sometimes smell. It’s a really depressing bus.

On the other hand, taking the Skytrain is a refresing change. People get on and off the trains more often so you always get to see new people. There are a lot less old people on Skytrain too. The view is also much nicer along the tracks. The ventilation is also much better, a far cry from a stuffy bus.

By taking Skytrain, I was only ten minutes behind my usual schedule even though I left at least 15 minutes later than usual from my home.

And that’s my non-porn related commuting story of the day.

Apparently my friend “Don” who went to the Adult Entertainment Expo was accompanied by one of his co-workers. Said co-worker took his own photos from the convention and Don was kind enough to pass them along to me.

Without a doubt, this new set of pictures and videos are definitely more of a salacious nature than the previous set. I have posted a select few of these in a second gallery. I had to leave several photos out because even for this greasy spoon website, I do have some standards. You probably don’t want to view these from work or anything. If you’re good to go, the new gallery is here.

Well, what a week so far for sensationalism on et.com! I can’t remember a time when we’ve gone this blue!

[youtube=http://www.youtube.com/watch?v=6hDVHsb0f6o]