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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: BSUMS who wrote (54528)8/14/2006 9:08:05 PM
From: Eric L  Respond to of 197207
 
Marvin Blecker

BSUMS,

<< With respect to your "trivia" point regarding Blecker selling 1/3 of his his stock, I see no evidence of that from the Vicker's website. >>

Keep looking. He sold ~1/3 of his shares last week at $34 an change on an automatic program.

He's probably a short timer anyway. In a family business like Jacobs, Jacobs, and Jacobs, Bozos like Marvin aren't allowed out in public very often and he certainly hasn't been.

I've defended IMJ disposing of shares on an automatic program time and time again. He and his family richly deserve that privilege with no questions asked.

Marvin a totally different story. When rats and current division presidents like Blecker desert a sinking ship at bargain basement prices to the tune he's doing my eyebrows are raised. Yours should be to.

Welcome aboard and congrats on your 2nd SI post.

- Eric -



To: BSUMS who wrote (54528)8/14/2006 10:07:26 PM
From: Eric L  Read Replies (1) | Respond to of 197207
 
HCEs and Options as Compensation ...

<< As of last transaction (Aug. 9), Blecker does not seem to be deviating at all from his pattern all year. That pattern is : 1) declare intention to sell on Form 144 each quarter, 2) excercise shares 2nd week of month, and 3) sell those shares the same day (presumably simultaneously). >>

You are right about that. He and two other division presidents (Margaret Johnson and Sanjay Jha ) convert their options the moment received. Smart move. I'm glad Marvin is making money on QCOM shares. Somebody needs to. Last 12 months of what Marvin cashed in here (but doesn't include price he excercised at) ...

12-Jul-06  	*8,000	QCOM	 Automatic Sale at $38.776 per share.
(Proceeds of $310,208)

9-Jun-06 *12,000 QCOM Automatic Sale at $44.9465 per share.
(Proceeds of $539,358)

9-May-06 *16,000 QCOM Automatic Sale at $52.7872 per share.
(Proceeds of $844,595)

11-Apr-06 *16,000 QCOM Automatic Sale at $51.8211 per share.
(Proceeds of $829,137)

9-Mar-06 *12,000 QCOM Automatic Sale at $49.5301 per share.
(Proceeds of $594,361)

9-Feb-06 *12,000 QCOM Automatic Sale at $46.9038 per share.
(Proceeds of $562,845)

11-Jan-06 *12,000 QCOM Automatic Sale at $47.552 per share.
(Proceeds of $570,624)

9-Dec-05 *12,000 QCOM Automatic Sale at $44.5273 per share.
(Proceeds of $534,327)

9-Nov-05 *12,000 QCOM Automatic Sale at $45.2569 per share.
(Proceeds of $543,082)

11-Oct-05 *12,000 QCOM Automatic Sale at $43.5587 per share.
(Proceeds of $522,704)

12-Sep-05 12,000 QCOM Automatic Sale at $42.4961 per share.
(Proceeds of $509,953)

9-Aug-05 8,000 QCOM Automatic Sale at $39.21 per share.
(Proceeds of $313,680)


- Eric -