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

To: Jacob Snyder who wrote (79318)	9/5/2000 10:15:12 AM
From: engineer	Read Replies (2) \| Respond to of 152472

actualy they were not required to do this yet by the genreal accounting rules (GAP). they took this route now voluntarily and held it against Earnings and the EPS. I do not know why in a growing royalty market, they would not have held out on reporting this until two things had happened. First, as many quarters of these options had been exercised as possible and second they had the largest earnigns revenue possible. It does not make sense from an accounting and stock price point of view to take them now. The options at $4.5 drop off very quickly in the next 2 years as many of those options were issued in 1996, 1997, 1998. the rule, I believe does not become mandatory until 2002 and has no retroactivity clause in it. It would seem that the buble they face would go away by some 40-50% over the next 2 years, so why force the shareholders to suffer this now?