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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: engineer who wrote (525)8/4/1999 8:50:00 AM
From: Art Bechhoefer  Read Replies (1) of 13582
 
This whole licensing issue reminds me of an agreement by Xerox to give IBM a license to produce a key photocopy component - a brush that would wipe off the excess toner from the copy before it left the machine. Xerox had been using brushes made from beaver fur - very expensive and the supply was uncertain. But Xerox (this is back in the 1970's) learned how to make a synthetic brush, whereupon it gave IBM the beaver license! The source for this is the retired chief engineer who was responsible for the original Model 914 copier.
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