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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 171.02

-1.5%

Dec 31 3:59 PM EST

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To: Mike Buckley who wrote (5216)	12/4/2000 2:51:47 PM
From: Jeff Vayda	Read Replies (1) of 197056

Mike: Another alternative to spinning off Spinco in the public markets is to make a direct sale of the shares to TXN. Yet another alternative is to simply have an agreement to jointly develop products. Considering the five-year cross-licensing agreement, my guess is that the last alternative is most likely in the form of an expansion of the cross-licensing agreement. Each and every 'divestiture' by Qualcomm has been met with those that maintained that the Q would never leave the particular business. They maintained it was a requirement to stay in touch with that industry. Still each time they sold. I think IJ wants to get out of any and all manufacturing. Spin Co goes to TI. We, as shareholders, dont do too bad. Jeff Vayda

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