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: rkral who wrote (114676)	2/27/2002 7:52:29 PM
From: David E. Taylor	Read Replies (2) of 152472

Ron: You are correct. And the estimates of "fair value" of stock option grants I listed are those calculated by the company and reported in the 10K and proxy, along with the effects on net earnings and EPS if that "fair value" were to be recognized as an operating expense. And as I pointed out, they are only a fraction of the number JS has been floating. Plus, 72.623 million of the 101.288 million shares issued in FY2000 had zip to do with options exercise, but were issued as a result of the conversion of preferred convertible securities (sold in early 1977 to raise capital) into common stock. Yet JS used those to get to his $10 billion plus as well. David T.

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