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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: David E. Taylor who wrote (114685)2/27/2002 11:50:15 PM
From: Skeeter Bug  Read Replies (1) of 152472
 
david, we can solve this problem immediately.

those folks who got creamed by the amt tax show us that a few people are not able to make good decisions re: their finances. they want to change laws to expunge their million dollar tax debts.

well... in the spirit of making rules for the lowest common denominator...

1. force employees to sell stock the instance the exercise. the company withholds taxes.

2. the company can take the value of the stock minus the grant price and run it down the income statement.

voila, irresponsible kiddies don't turn millions in gains into millions in losses and companies have to report their employee expenses accurately.
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