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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: Lizzie Tudor who wrote (29355)5/7/1999 11:44:00 AM
From: w molloy  Read Replies (1) of 152472
 
Options: Is this common in comm technology guys?

Hi Michelle,

I'm having trouble finding out exactly what the infra employees were offered option wise when they joined Q.

As you know - the option grant letter is explicit regarding the treatment of options should the company or division be sold. I understand that the issue with the infra people is that they have missed out on a recent grant that they were promised.

The practise implied, that extant options are transferred/converted to the acquiring company, is absolutely not standard practise in the SD area where competition for engineers is fierce.

Keep on posting

w.
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