Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: w molloy who wrote (29424)	5/7/1999 12:12:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 152472

the standard practise is for all options to be vested if a division is sold. W, the SD Union story I read last week was quite explicit that the options were void if the company was sold. No mention was in the agreement about the division being sold. The last "spun-off" divisions got to keep their options.

To: w molloy who wrote (29424)	5/8/1999 1:06:00 AM
From: JGoren	Read Replies (1) \| Respond to of 152472

There wouldn't be a lawsuit if the option contract provided what you say is "standard" practice. I have spoken with someone at Qcom (non-infra division), who informed me of the option terms. I was responding to a post that was based on a very different situation, which is not analogous to Qcom. One can have an opinion that Qcom situation is not the same fairly readily based on general information about developments in the company over the past six months.