Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: LBstocks who wrote (43077)	10/1/1999 8:26:00 PM
From: Wyätt Gwyön	Respond to of 152472

From yahoo, punfilled rumor (yeah, a plurality of sailors, I get it): this just in by: clue_filled 40762 of 40765 only rumors.. i have no credibility per se, beyond what EAL and a few other suits have lent me _____ Deal's done. don't know for sure w/whom, although my best sources say the buyer's 'name' might make handset employees feel screwed (pun?) even though they won't be. ij's taking care of them, and san diego (like always) Logjam's w/HR. They're scared about (you guessed it) cementing details of a stock option carry-over plan that's comparable with what the INFRA employees got. They don't want any more lawsuits. That's why the negative LWIN release was echoed by QC, and amplified as a 'big hit' to 4qtr earnings: more than it will be. Corporate wants the stock price DOWN this week because they're FIXING a date from which all stock option/conversion plans will proceed from for xferring employees. Anybody out there remember the pre-split price that became the basis for xferring INFRA employees? More importantly: remember how the stock JACKED up after that date? They're trying to shave a few million off the bottom line by cementing the deal when the stock's down: artificially.