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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 165.07-1.0%Nov 18 3:59 PM EST
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To: foundation who wrote (19853)3/4/2002 10:27:27 AM
From: slacker711  Read Replies (1) of 196668
 
Oral arguments will likely take place in the court's term that begins in October, with a decision expected in early 2003.

This case could leave the entire wireless industry in limbo until '03. The carriers might get their cash back, but if there is still a potential $15 Billion obligation, it completely freezes all M&A activity.

Anyone know the terms of the reauction? Are Verizon and the other carriers obligated to wait as long as the case lasts?

Slacker
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