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


To: queuecom who wrote (128632)5/5/2003 6:59:12 PM
From: verdad  Respond to of 152472
 
"As I said the reason cited is BUNK!! Julie Cunningham should be ashamed."

That will never happen. Unfortunately, employees that saw huge run ups in their stocks often begin to believe they are invincible and completely 'deserving' of the wealth that has been created; hence, any of their actions are justified. It is as though they are drunk on the sudden wealth and lose all ethical perspective. It is why ENRON and WORLDCOM employees continued to look the other way up until the draining of these 'high flying' corporate cesspools. Then suddenly when unsavory news stories break, employees act as though they were oblivious and there were just a few executive managers responsible for all wrongdoing. Anyone see Harvey White lately? Corporations are corporate. These execs can't act alone.

As for the timing of Irwin's sales, if shareholders timed their sales with his, it seems they would have done consistently well (at least since Dec. 99). Perhaps this is by coincidence, or perhaps it is good signaling by management. Who knows.



To: queuecom who wrote (128632)5/6/2003 9:42:06 AM
From: carranza2  Respond to of 152472
 
OK, I presume you've interviewed Dr.J. to find out exactly how many more orchestras, museums, professorships, charitable trusts, etc., he plans to fund before he dies? I assume you also know what the plans of the Jacobs Family Trust are? Likewise, I'll assume you are clairvoyant as respects the plans he may have for the shares he'll own at the time of death.

Congratulations, you know a lot more than the rest of us. Perhaps more than Dr. J. himself.

You and John Shannon seem to have a monopoly on the wisdom or lack of wisdom on the part of an elder gentleman concerning his plans for his assets after he dies. To conclude that his previously announced sales suggest pessimism about the company is one of the most ridiculous logical leaps I've read at SI in a long time. Believe me, I've read a lot of them.