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

To: JGoren who wrote (59047)	1/25/2007 1:00:45 PM
From: manalagi	Respond to of 196977

Has the company stopped selling puts as a way of share buy back? I don't see any conflict with that approach. The shareholders who buy the puts are well aware of willing to sell the stock at a predetermined price and they have control as when to sell.

To: JGoren who wrote (59047)	1/25/2007 1:32:57 PM
From: bdog	Respond to of 196977

"I think criticism is unwarranted and Qcom should be congratulated for its approach." I think their approach is goofy. Deciding to implement a buy back program is totally appropriate. How and when the purchases are made is the issue. Purchasing shares on a programmed, non-discretionary basis is the essential ingredient to avoid ethical challenges vis a vis what the company arguably knew and the street did not.