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Technology Stocks : LSI Corporation

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To: Tony Viola who wrote (19917)9/14/1999 1:56:00 PM
From: quidditch   of 25814
 
On Q and VLSI CDMA license:

Hi, Tony. I am a regular contributor to the Q thread and lurk here occasionally as I have a modest position in LSI since last Fall, happy where we are.

On Q and VLSI, Jock's post is on target and I would agree that Q's action vis a vis Phillips acquisition is good for LSI. Most IPR license agreements contain a "change of control" clause which, depending on how drafted, either gives the Licensor the right to terminate or makes the continuation of the license, in the event of a change in control, subject to the licensor's consent.

Hope this adds to Jock's post.

Regards. Steven
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