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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%Nov 12 3:59 PM EST

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To: Wyätt Gwyön who wrote (114173)2/24/2002 12:22:16 PM
From: Peter J Hudson  Read Replies (1) of 152472
 
Mucho.

<<if it's not a cost to shareholders, then how come it dilutes shareholder value. i would consider "cost to shareholders" and "dilution of shareholder value" to be pretty much the same thing. >>

The dilution happens when the option grant and strike price are announced by the company. The stock price appreciation during the vesting period is not a cost to the company. The company already sold ( promised to sell) those shares at a given price.
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