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Technology Stocks : Nokia (NOK)
NOK 6.775-3.6%3:59 PM EST
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To: EJhonsa who wrote (6941)8/8/2000 7:41:56 PM
From: samim anbarcioglu  Read Replies (1) of 34857
 
Hi Eric,
<<Why would DoCoMo have to pay royalties to Qualcomm? >>

This happened about a month ago:

That point was underscored Monday when the Japanese Patent Office and
the European Patent Office upheld three of Qualcomm's patents applying to
Code Division Multiple Access, or CDMA, wireless technology. The patents
had been challenged in Japan last year by Nokia Corp. (NOK), L.M.
Ericsson Telephone Co. (ERICY) and Japanese wireless phone company
NTT DoCoMo Inc. (J.NTX). The ruling sent Qualcomm's stock up almost
11% Monday to 69 13/16.

Still, the company's stock is down 65% from its early January high, in part
because investors believe competitors like Nokia and Ericsson can build
CDMA-based networks and handsets without paying Qualcomm
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