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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+0.6%3:59 PM EST

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To: Stock Farmer who wrote (128617)5/5/2003 12:24:27 PM
From: carranza2  Read Replies (2) of 152472
 
John, your post is undiluted male bovine manure.

We are not privy to Dr. J.'s present philanthropical commitments, his tax and estate planning, his desires to not leave the world with a bunch of assets in his accounts, funding needs, etc.

At the level of wealth he lives in, the tax and estate planning gets very intricate and sophisticated. You undoubtedly know nothing of the details as they pertain to his strategy. To conclude that whatever tactic he is adopting is indicative of pessimism about Q's prospects is one of the most presumptuous, ill-reasoned statements I've read at SI in a long time.

My point was that he will undoubtedly die holding a lot of stock. His heirs will receive it pursuant to favorable tax consequences. If the Jacobs boys receive it, they will get a windfall. They can rationally sell the amount they expect to receive from their own holdings, then substitute the sold holdings with inherited shares and get a nifty tax break. This is simply a possible reason why Dr. J.'s sons may be selling.
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