SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.060.0%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ider who wrote (38582)8/24/1999 9:29:00 AM
From: JGoren  Read Replies (3) of 152472
 
If you read the charts you posted the url's to, the insiders are primarily exercising options and then immediately selling the shares. All of Viterbi's shares are owned in family trusts, so there is a incentive not to hold stocks in a volatile company but to diversify the holdings which are for the benefit of his children and presumably grand-children. Most of these executives have large numbers of options that may be exercised in the future, so that their non-salary "income" is directly and largely tied to stock price increase anyway. Most of the executives do not have the money to hold the stock after exercise; one large sale was in April, 1999--in hindsight a very bad decision. Remember too, many of these individuals have been in Qualcomm for years--far longer than us--and they are just now able to realize a return from their many years of effort and patience.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News