Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: H. Bradley Toland, Jr. who wrote (123202)	8/14/2002 10:00:55 PM
From: rkral	Read Replies (1) of 152472

OT...HBT, option compensation is not a substitute for cash compensation. ... If the employee chooses not to take cash in lieu of receiving stock, so be it. "in lieu" sure sounds like "substitute" to me. ... if you're willing to come work for me for pictures of my face on a piece of paper, my company's stock, it is not a current expense to me. That's not even a valid comparison. A picture with your face on it is worthless. A piece of paper that gives me the option to buy 1% of your company for a fixed price, anytime in the next 10 years, would not be worthless. Compensation does not have to be paid in cash. Employee life insurance provided by a company is a case in point. Employees pay taxes on imputed income above a certain base amount. Ron

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