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

To: kech who wrote (143980)7/26/2006 10:54:47 AM
From: William Hunt  Read Replies (1) | Respond to of 152472
 
I always wondered what happen to the options that were issued when the stock was in the forties?
Do they expire worthless?



To: kech who wrote (143980)7/26/2006 11:34:59 AM
From: Art Bechhoefer  Read Replies (2) | Respond to of 152472
 
Re: Stock buybacks. Since QCOM has already announced a policy of buying back stock, I don't believe it's necessary to wait any length of time before making purchases. Any purchases, whether in stock or in the form of writing put options, would be in line with the overall policy that has been in effect for quite some time. The 10-day rule, as I understand it, applies only to a NEW company policy, different from the old one.

Art


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