Another early investor was former President George Bush, who accepted stock in lieu of an $ 80, 000 fee for speaking to Global Crossing customers in Tokyo in 1999, although it is not known whether Bush sold his stock.
22.
In the late 1990s, the station was sold to Univision Communications and became a Univision owned-and-operated station ( Smith had accepted stock in SIN as part of the original affiliation agreement ); the station was then rebranded as " Univision 19 ".
23.
Having accepted stock options as a big chunk of their compensation _ a common practice among Internet ventures _ many of them dreamed that their shares would mimic those of companies like Theglobe . com, whose stock shot up 500 percent on the first day of trading.
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