The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 174.78

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3:59 PM EST

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To: slacker711 who wrote (4452)	12/22/1999 10:03:00 PM
From: w molloy	Read Replies (1) of 13582

>>what Qualcomm got out of this deal... 1. Most important. QCOM won't be seen as competing with their customers. 2. The handset business sucked. Jacobs Jr could not turn it around. 3. They niftely avoided a costly lawsuit by 'keeping' the QCP crew. The contracting out deal is valid for 3 years. At the end the staff will be mostly vested in their options. So - no lawsuit or costly settlement. Of course - I doubt they will recieve any new options in the meantime. I wonder when will KYO realise they have got shafted. A lot of the staff wanted the NOK deal. I don't really see them hanging around. The NOK HR department will have a busy New Year.

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