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


To: Randall Knight who wrote (143420)7/8/2006 10:55:25 AM
From: carranza2  Read Replies (5) | Respond to of 152472
 
I'm a huge Q fan, but facts are facts. Can't be ignored.

What does all this insider selling mean?

The obvious, apparent, undeconstructed, typical, totally mainstream meaning is that the insiders, who know infinitely more than we do, are selling to protect their profits because the future is too uncertain to justify the risk of holding.

I want to hear the opposing argument....and it's considerable, but we do have to recognize that the Nokia stuff, coupled with the multiple litigation in a number of venues, injects a ton of uncertainty into the picture. The insiders have a lot more clarity into the uncertainty than we do.

Are they acting on it? Damned if I know, but a plausible case can be made for the proposition that they are.

For all I know, the insiders are booking profits now, knowing that they will receive options later, when the uncertainty resolves in Q's favor. They'll cash out those options then, and book more profits later. The strategy might not be to accumulate a huge stash of Q shares now, but to use the profits from the sales to do whatever it is they want to do, build homes, fund stuff.

Who knows.