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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 137.34

+0.8%

Feb 6 9:30 AM EST

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To: waitwatchwander who wrote (57675)	12/14/2006 12:27:11 PM
From: Jim Mullens	Read Replies (4) of 197631

NorthForce / Estatemaker, Re: ---> Raising the threshold from 15% to 20%-- Wouldn't lowering it be poison pill stuff? Appears that way to me. Didn’t get much discussion. Anyone know what’s behind this??????????????? Why would the Q appear to make a potential buy out easier??????????????? Lots of cash on the balance sheet ($10B ++ and growing) and undervalued share price (50%??) make it worth considering. Perhaps going private (or the threat of doing so) would cause NOK6 and the likes to settle sooner rather that later???? Without the public investor,s concerns over share price stagnation, perhaps a private entity could be more effective in dealing with the trouble makers???????? Any other thoughts?????? 12-Dec-2006 Entry into a Material Definitive Agreement Item 1.01 Entry Into a Material Definitive Agreement On December 7, 2006, the Company entered into an amendment to its Amended and Restated Rights Agreement (the "Agreement") dated September 26, 2005 between the Company and Computershare Investor Services LLC. The principal purpose of the amendment to the Agreement was to increase (from 15% of the outstanding shares to 20% of the outstanding shares) the threshold at which a person becomes an "Acquiring Person" under the Agreement. This description of the amendment to the Agreement is qualified in its entirety by reference to the amendment filed herewith as Exhibit 99.1. Item 3.03 Material Modification of Rights of Securityholders. See Item 1.01 above, which is incorporated herein by reference. Under the Agreement, the Company previously issued preferred share purchase rights (the "Rights") as a dividend on the shares of common stock. The amendment to the Agreement modifies the outstanding Rights as described in Item 1.01. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Amendment dated December 7, 2006 to Amended and Restated Rights Agreement

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