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


To: DTA who wrote (6178)1/15/2001 2:49:08 PM
From: limtex  Read Replies (1) | Respond to of 196772
 
DTA - Isn't Mr Sulpizio retiring? What do these people usually get by way of options each year and when do they get them?

It may be that they are expecting a bunch more options.

Also I wouldn't have blamed anyone for wanting some cash in early December while Mr G was still clearly engaged in trying to smash the Naz.

Best regards,

L



To: DTA who wrote (6178)1/15/2001 3:00:10 PM
From: SKIP PAUL  Respond to of 196772
 
Because there are insider sales every quarter. Even before the run up we had in 1999.



To: DTA who wrote (6178)1/15/2001 3:09:14 PM
From: ggamer  Read Replies (2) | Respond to of 196772
 
These sales must be tax related.

Here is a link to Richard Sulpizio's holding:

biz.yahoo.com

Can they be showing losses?

GGamer



To: DTA who wrote (6178)1/15/2001 3:50:25 PM
From: samim anbarcioglu  Read Replies (2) | Respond to of 196772
 
DTA,
Sulpizio sold 340,000 shares, his number is the largest, but he still has 16,000 shares. The others still own shares ranging from:

IJ : 19,000,000
Paul Jacobs :829,000
A.Coffman : 659,000
A. Franklin : 5,000,000
etc...

So, they haven't really sold out their entire holding or anything like that. They too need to diversify a little bit don't you think?
Regards,
sa



To: DTA who wrote (6178)1/15/2001 4:03:57 PM
From: saukriver  Read Replies (2) | Respond to of 196772
 
Most insiders have extremely narrow windows in which they can sell. It may look like everyone is bailing either because this is in one of the short windows where they can unload or because this is a narrow window in which they can diversify.

IJ has so many shares that he probably cannot sell them in his lifetime at prices he would want to dispose of them.

Sulpizio may be selling what he can sell. Although he may no longer hold many shares, unless he is an idiot, he probably still has a boatload of options. He has never struck me as an idiot. Therefore, he probably has a boatload of QCOM options; so he figures why not sell the shares he can as his long term net worth remains inextricably tied to QCOM's via the options he no doubt holds. He probably figures QCOM shareholders will either understand that he holds a ton of options or be grateful he made more shares available so that they could buy more.

saukriver



To: DTA who wrote (6178)1/15/2001 5:17:03 PM
From: Peter Sherman  Read Replies (1) | Respond to of 196772
 
are they moving to Spinco??