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Re: blueskywaves post# 26314

Saturday, 05/17/2003 7:50:17 PM

Saturday, May 17, 2003 7:50:17 PM

Post# of 432922
BSW

How can we be sure that the employees will exercise and sell there options for added cash if the company starts on a roll. We pretty well know that top management will do their part in the selling game, but I think that they are limited to 500,000 shares a year among all of them. Is their some mechanism that forces the employee to exercise and sell before the 10 years is up? Did Qcom have a shorter exercise period? Did Qcom also benefit from an overall falling market as an incentive and mandate for the employees to exercise the options in the money over the last 3 years?

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