Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

3:59 PM EST

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To: Jim Willie CB who wrote (33351)	6/27/1999 9:23:00 AM
From: JohnG	Read Replies (1) of 152472

Stock options--They definitely sold a lot of stock. The question is whether they needed the cash to exercise more options in the future as well as for personnal expenses. I'm thinking they need cash first to exercise the future vesting options and second to pay ordinary income taxes on the difference in Fair MArket Value and the price at which they exercise the options. Some of these people will have many options vesting in the future, which in my opinion, they need to exercise asap for tax reasons. They need to exercise the options prior to Q's market price shooting up. John G

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