Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: 16yearcycle who wrote (75935)	7/9/2000 3:15:13 AM
From: saukriver	Read Replies (1) of 152472

Suing the Media for Being Dumb/Vain? Eugene, interesting idea of yours to the media outlets and individual reporters for reporting false damaging information about a technology and/or stock, specifically on QCOM on Friday. Perhaps the threat of a lawsuit would encourage noisy TV channels to fire some commentators and/or rein in those prone to spout nonsense regarding CMDA/wCMDA without taking the time to understand the technology. I have little interest in such a suit as I hold QCOM longterm. Whether a media outlet repeats press release FUD from the ERICY/NOK bloc should ultimately have little effect on the longterm share price. Either QCOM has the IPR necessary to charge the same royalty rate for wCMDA as it charges for CDMA2000 or QCOM doesn't. Many on this thread think they know the answer to that question; how they come out on that point drives their view of QCOM. Whatever the loudmouth TV FUDbox shows say Friday or Monday or next month really doesn't alter the value of QCOM's IPR in 3G. Frankly, if you listen to Dr. Irwin Jacob's radio interview <http://www.bloomberg.com/money/index.shtml>, you hear a man confident his company holds the keys to making CDMA (whatever the flavor) work in 3G. He may also hold the rocks of the FUDsters in his hands. The media repeating lies and distortions may well hurt the shareprice in the short term. But that really doesn't matter to long term holders. Also, I think the federal and state courts would look quite askance at a suit against a media outlet and individual reporters for being stupid and shallow. If it allows such suits to proceed, we would have unimaginable congestion in our court dockets. saukriver

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