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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.30+2.3%Nov 21 4:00 PM EST

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To: Ramsey Su who wrote (29391)5/7/1999 9:56:00 AM
From: Jeff Vayda  Read Replies (2) of 152472
 
Ramsey Su: Two things. First, what happened with the previous spin offs? LWIN was removed from the Q at the discretion of Q management in order to make Q more profitable. Same thing was done with the infrastructure division.

Secondly, Jacobs has stated that fairness is a criteria. Fairness requires equal treatment. If they did it before, they need to do it again. (whatever 'it' was) Let us see if he can hold Ericy's feet to the fire and make them pay up.(my reading of the current conflict)

Secondly, These employees are not departing voluntarily. The company is cutting them loose. Individual firings/layoffs may forfeit the options but in the case of an entire division, (IMO) a case can be made that the options were forfeited at the convenience of the company and as such the company is liable.

Jeff Vayda
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