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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ider who wrote (38582)	8/24/1999 9:29:00 AM
From: JGoren	Read Replies (3) \| Respond to of 152472

If you read the charts you posted the url's to, the insiders are primarily exercising options and then immediately selling the shares. All of Viterbi's shares are owned in family trusts, so there is a incentive not to hold stocks in a volatile company but to diversify the holdings which are for the benefit of his children and presumably grand-children. Most of these executives have large numbers of options that may be exercised in the future, so that their non-salary "income" is directly and largely tied to stock price increase anyway. Most of the executives do not have the money to hold the stock after exercise; one large sale was in April, 1999--in hindsight a very bad decision. Remember too, many of these individuals have been in Qualcomm for years--far longer than us--and they are just now able to realize a return from their many years of effort and patience.

To: Ider who wrote (38582)	8/24/1999 12:08:00 PM
From: engineer	Respond to of 152472

Well, perhpas because of two things. His father has alot of shares in trust for him (Harvey White), and two he owns them INDIRECTLY. YOu know almost nothing about how these guys actually hold their shares. suggest that perhpas you read more than the rumor mill on Yahoo for your facts. Or Andy Viterbi, who still owns at least 3M shares (per the 10k report, not Yahoo inaccurate report), holds it indirectly, and gives most of it away to charity. Yes, if he had any worry about living in poverty, then he for sure will go giving it all away to chartiy at the same time. I think your style here is to get some short sales going wihtout any facts. Go find something real to gripe about.