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


To: Maurice Winn who wrote (127151)2/24/2003 6:36:19 PM
From: hueyone  Read Replies (2) | Respond to of 152472
 
That was always right out there in the open and for years I've had an eye on the vast wealth earned by those who invented QUALCOMM, paid in stock options, to ensure that they weren't taking so much that the shareholders would earn little.

Hi Maurice,

Since you have been keeping an eye on this options matter, can you share with us the value of options exercised by your stated kleptocracy---Jacobs, Viterbi and Gilhousen, as measured by market price less exercise price at time of exercise? I am curious what this figure is---over the life of the company. Even a ballpark figure with an error of plus or minus 15% would be helpful.

Regards, Huey



To: Maurice Winn who wrote (127151)2/24/2003 7:21:03 PM
From: Stock Farmer  Read Replies (1) | Respond to of 152472
 
Bravo!

Our beliefs are similar, our metaphors... well they differ. LOL

Who said mud wrestling had to be zero sum? Or unethical? Indeed, the best sports are those played with clearly defined rules. And by those who play within the rules. We could call these the "ethics" of sport.

Some of these ethos carry from one field of play to the next. Like hitting 'em from behind while they aren't looking. Bad form in just about every sport. Except WWF wrestling, apparently. Have you ever seen it?

Retail Investing on Wall Street is to Capitalism very much like WWF is to Tae-Kwan-Do. Both are highly ethical activities. In their own right. But practitioners in either of these two fine sports might find the ethics of the other sport rather questionable.

My metaphor of "thieves versus thieves" // "thieves versus honest men" was not an attempt to describe capitalism as thievery, more to describe the clash of two distinct cultures. As if Hulk Hogan were to find himself in the arena with Master Li.

Both honorable men.

John



To: Maurice Winn who wrote (127151)2/25/2003 12:38:11 AM
From: puzzlecraft  Respond to of 152472
 
Maurice - A fine rant. (eom)