Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.62

-3.9%

3:59 PM EST

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To: David E. Taylor who wrote (114522)	2/26/2002 4:32:12 PM
From: sea_biscuit	Read Replies (1) of 152472

...could be an indication that company employees know these will be worth much more in the future than they are now, and that they are in the best position to know where the business is going. Did Ken Lay and Skilling sell all their shares before Enron went bust? Probably not. They didn't need to. Same for any high net worth insider in any other company. If something bad happens, they can plead, "Look, I had a lot of shares left unsold. Would I have left any on the table if I knew what was going on?" etc. It is amazing what kind of excuses people make up to justify holding their duds!

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