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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 172.94+1.1%3:59 PM EST

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To: engineer who wrote (15358)9/30/2001 9:52:53 PM
From: Kayaker  Read Replies (1) of 197068
 
Some days I think you guys are just bored and TRYING make this alot harder than it is.

Busted! <g> Actually, I'm getting bored watching all my stocks hit the mid single digits and wondering if they're going to fall another 50%. I'm hoping Q isn't next on the list.

You read into Dr. J's statement more than it was meant. He meant "like china".

I'm sure you're correct since what he says doesn't make sense. However, what he says is perfectly clear and unambiguous and contradicts the "like China" interpretation.

If you are correct in your interpretation then the statement should read...

In this case, if the Korean licensee accepts the lower royalty rate in Korea, it must also accept payment of the higher royalty rate for sales outside of Korea, as well as commit to purchase QUALCOMM's components

instead of...

In this case, if the Korean licensee accepts the lower royalty rate in China, it must also accept payment of the higher royalty rate for sales outside of China, as well as commit to purchase QUALCOMM's components

Since this was a letter from Dr. J to a Korean government official, I'm sure every word was scrutinized by at half a dozen QCOM lawyers. Somebody oughta fire those lawyers.

Thanks to all who responded.
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