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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: kech who wrote (6176)	1/15/2001 2:25:28 PM
From: samim anbarcioglu	Read Replies (1) \| Respond to of 196772

If their stock options work like most peoples, first they have to execise their options by buying the said number of shares. Then they have to turn around and sell them. Couple of things here: You have to agree that it was a good time to sell (I personnally think they had help from GS and Leh pumping the price up there), then look at the price of fine housing around san Diego: $5 - $10 Mil for a nice big fancy house on some acreage. How a bout a nice boat? A 60 foot power boat is $1 Mil. Half the money is gone already. Then you may want to diversify your portfolio a little. Remember, these peoples' portfolios get very lopsided with all those options. Also, they will probably keep voting for new options for themselves. I don't know, i may be all wrong on this, but somehow I am not concerned about those sales that took place last month. best, sa.

To: kech who wrote (6176)	1/15/2001 2:29:08 PM
From: DTA	Read Replies (6) \| Respond to of 196772

Good question. Collectively these 3 certainly know the qcom future as well as anyone there. If only one had sold I would call it personal situation-specific, but all 3 nearly divesting themselves at the same time is a little curious and beyond coincidence. If these 3 aren't long the stock anymore, why should we be?

To: kech who wrote (6176)	1/15/2001 3:34:30 PM
From: seahorse	Respond to of 196772

It may not be relevant this time around, but several weeks ago when there was a discussion of insider selling on the "Rocket" board, it was pointed out that historically insider selling has preceded good news. seahorse

To: kech who wrote (6176)	1/15/2001 6:30:43 PM
From: marginmike	Read Replies (1) \| Respond to of 196772

1)scupuzio does that whenever he gets his options(I made a similear comment in nov 99 when he did this) 2)Qcom only allows sales if there is an all clear. If there were troubles brewing IJ would not allow stock sales. RScupuzio explained this when he sold a big shares in november 99(right before huge 400% move). 3)Study after study has shown there is no corelation between insider selling and stock price moves(there is when they buy) What I would note is all the upgrades that were being made at this time by bloodsucking analysts who were proping the stock to get better prices for this stock they were selling for insider's