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

To: carranza2 who wrote (129549)	6/5/2003 7:42:42 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

C2, in defence of John, the great advantage of the SI gang is that lots of expert eyes are watching all sorts of aspects. So somebody might be fairly knowledgeable in one area, but ignorant in the rest, but they trust somebody else to have figured it out right. So, for example, there are stock options experts who quite rightly point out that there has been a major diluting process by stock option issue. That is an easy thing to miss when sizing up a company. Whether they should be expensed or not is somewhat irrelevant. The point is to adjust one's 10 year thinking to allow for a lot more shares. Quantifying the effect is tricky whereas salaries are easily measured - the market rate is paid for services, the money goes out the door and that's that. I prefer that to stock options. I like individual reward, not collective reward. If I'm talented, give me heaps of cash on the barrel head and if I like the prospects of the company and it fits my long term plans, I'll buy the shares. Pooling my talents with 1000s of others who make up the success of the company is the old USSR system. Not for me thanks. I bet a lot of people learned a lot about stock options thanks to John's extensive efforts on the business. The technical experts give confidence to those of us who don't know an erlang from a Shannon thingamy. The legal experts give good ideas on patents and what the Supreme Court might do with NextWave. ... and so on. Others report on this that and the other which we couldn't possibly know ourselves. Mqurice