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

To: phatbstrd who wrote (56733)	11/8/2006 12:17:46 PM
From: quartersawyer	Read Replies (1) \| Respond to of 196989

Speaking of grey areas... is there anything to prevent timing of buybacks to support coincident insider sales?

To: phatbstrd who wrote (56733)	11/8/2006 12:20:29 PM
From: engineer	Read Replies (4) \| Respond to of 196989

I agree with you and hte law on single event or choice events where the CFO will trigger a buyback on command. But a blind buyback setup on a daily, weekly or monthly basis wherer they buy back $10M a week without fail (dollar cost averaging), then they would not be in violation at all. I computed it and if they put 5% of their yearly royalty dollars back into stock, they would be private in 6 years. EPS would grow by 1000 and the share price would become like BRK. Would also get rid of the hedge fund floaters they fight so regularly now.