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


To: John Dough who wrote (60062)1/6/2000 12:25:00 PM
From: SpudFarmer  Read Replies (1) | Respond to of 152472
 
Mr. Trimarchi: Speaking for myself, I am not concerned at all about the lawsuit. It has happened before, it will probably happen again, as long as it is profitable. In the worst case, they will settle for some paltry sum, just short of the cost of going to court. Of course, some may disagree, (and some will short the stock based on this lawsuit!) but, that's OK.

1. If they really want shares, buy them like the rest of us and take the risk. No risk, no reward. Too bad.

2. Hind sight is 20/20. Can't turn back the clock, and no one should be allowed to. Are they special? Will the court see it this way? Yes.

3. If the stock went in the toilet, would they sue to pay you and me (shareholders) for our losses?

I'm sure the local press will make something of this like the last time. Q will send the packing, in their diplomatic way of course.

Do I sound harsh, cold, and callous? Yes. If you really wanted options when you're hired, and feel you're entitled, then get them, or buy them with the 401K. Too late? Sorry. Yes, this will upset many here. Am I throwing fuel on the fire? Just a dropper full. Not trying too hard.

Bottom line, regret sucks. But a lawsuit won't make it go away.

Q rocks, just a matter of time...



To: John Dough who wrote (60062)1/6/2000 1:55:00 PM
From: cfoe  Respond to of 152472
 
? I read somewhere that the potential loss to the Q could be in the order of a billion bucks.

I read the same article? It seemed to me that estimate was coming from a plaintiff's lawyer, directly or indirectly. So I guess they are using it to open up negotiations <g>.

Boy it must have po'd the SD class action lawyers (Lerach, et al) when Q pulled the coup with the handset div employees. I'll bet they were salivating over the possible lawsuits and now they get nuttin! And some people question the brilliance and imagination of the Q management team!