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


To: Peter J Hudson who wrote (114177)2/24/2002 1:30:19 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
The stock price appreciation during the vesting period is not a cost to the company

it is certainly an opportunity cost. instead of giving those shares to employees, they could've sold the same shares on the open market and reaped an extra 7.5BILLION DOLLARS (more money than QCOM has made in retained earnings by almost 20-fold). so they left some very large profits on the table.

the alternative explanation is that they owed this money to employees as compensation, in which case i'd like you to show me where in their SEC filings QCOM mentions this $10.5BILLION labor cost against earnings.

i certainly hope McCain is successful with his proposal to reform the double standard for options.