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: Sully- who wrote (79259)	8/31/2000 12:10:22 PM
From: mightylakers	Read Replies (5) \| Respond to of 152472

QUALCOMM's stock is hardly a bargain as it is still trading at 146 times earnings What is this guy smoking???

To: Sully- who wrote (79259)	9/1/2000 5:17:29 AM
From: Jacob Snyder	Read Replies (1) \| Respond to of 152472

Thanks for that link. The part about QCOM employee options deferred compensation expenses is: As disclosed in their most recent annual report, QUALCOMM has distributed to its employees, executives, directors, etc, a total of 36 million stock options that are exercisable at the weighted-average price of $4.5 per share. The current intrinsic value of these options is $2.3 billion (calculated by taking the current stock price minus the the weighted-average strike price). We choose to treat the intrinsic value of these stock options as unpaid compensation expenses and show them as a liability to the company. My comment: Actually, compared to a lot of hitech companies, this is not much at all. When YHOO's outstanding employee options are all exercised, the float will double. An extreme case. It's nice to see someone paying attention to the Creative Accounting.