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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.75-0.2%11:48 AM EST

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To: Stock Farmer who wrote (118963)5/20/2002 9:48:14 AM
From: carranza2  Read Replies (1) of 152472
 
If however Qualcomm issues a share to an insider for $1.00, and our Shareholder then buys it from the employee for the market price of $32.00 then the employee ends up with $31. Our Shareholder is poorer by $32 but richer by the $1 that the company gets. So our Shareholder is poorer by $31.

John, this is wrong.

When the shareholder buys a share from any source, he is not "poorer" by $32. He simply exchanged one asset, cash, for the market value of another asset, a share of stock.
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