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

To: gdichaz who wrote (119090)	5/21/2002 10:12:21 PM
From: Maurice Winn	Respond to of 152472

More stock option posts. Don Lloyd is a good commentator on economics issues. Message 17498111 There's a few linked to that post. Chaz, I don't understand "minimum practical expense to the stockholder". To me there is a bunch of money coming into the company from sales to customers over the next 30 years which will be divvied up among shareholders, employees, suppliers, tax departments and thieves. Whether the employees get some of that money via shares or direct credits to a bank account or use of a company car or cellphone, or a coffee machine it's all the same. I don't see why it's better to pay the employee in stock options [which the employee has to discount as two birds in the bush] than cash [which is a bird in the hand]. Given the recent record of share prices, I guess that employees look on stock options as a flock of birds in the bush and they'd prefer actual money thanks. To me, shareholders should be the risk carriers, not the employees. Being in control of the company, the shareholders are the ones best placed to control the risks. Mqurice