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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 166.05+0.6%Nov 19 3:59 PM EST

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To: Boplicity who wrote (514)8/4/1999 8:41:00 AM
From: Art Bechhoefer  Read Replies (2) of 13582
 
Two points: (1) I believe that QCOM has a motion before the court (in the Motorola patent suit) asking the court to confirm that all licensing/royalty agreements between Q and MOT are voided because of Motorola's breach of the agreement. If the court grants Q's motion, then wouldn't MOT be obliged to renegotiate any licensing/royalty agreement?

(2) If the demand for ASICs is expanding so quickly that QCOM can't meet that demand, isn't the potential effect on near term profits virtually zero? Conclusion: The shares appear to be once again in a buying range.
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