Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

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 176.67

+1.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stock Farmer who wrote (114165)	2/24/2002 3:17:13 AM
From: Peter J Hudson	Read Replies (3) of 152472

John, I don' t mind the rant, but your veering off on the employee stock option tangent leads me to believe you may have an agenda. <<A quick scribble with a pencil shows a fair market value of these printed certificates of $10,656 Millions. Yet they recorded only $3,112 Millions in Paid In Capital. The other $7,544 Millions never appeared on the balance sheet by a trick of the accountant's pencil. It just vanished because it left the company as soon as it was received.>> The $3,112 million in paid in capital represents the strike price of the option grant. That is what the company received for those shares, and what should appear on the balance sheet. The $7544 million represents the stock price appreciation from the time of grant to the time of exercise, this is not a cost to the company or shareholders. If the option strike price is a discount to market price at the time of grant, that difference dilutes shareholder value. Pete

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next