Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 171.39

-1.0%

10:22 AM EST

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To: Mike Torrence who wrote (129315)	5/27/2003 10:26:11 AM
From: qveauriche	Read Replies (2) of 152472

thestreet.com << Keitel declined to comment on the terms of Nokia's licensing agreement, but experts expect Qualcomm to receive few if any royalty payments from Nokia. >> <<http://www.wrhambrecht.com/ind/research/wireless/archive/qcom.html>> <<07.05.01 qcom: Announces 3G Licensing Agreement with Nokia On July 3, 2001, QUALCOMM announced an expansion of its licensing agreement with Nokia, which includes the following: 1) QUALCOMM will receive royalties from Nokia on 3G CDMA handsets at the same rate as Nokia’s pre-existing 2G CDMA handset license agreement, regardless of the version of CDMA (i.e., W-CDMA, cdma2000, etc.); 2) Nokia was granted a license to manufacture CDMA network infrastructure, marking Nokia’s entry into the CDMA network infrastructure market; 3) QUALCOMM gains access to Nokia’s GSM patents, which are essential for multimode GSM/CDMA chipsets. We believe this is a “milestone” event for QUALCOMM because it solidifies the company’s position to receive W-CDMA handset royalty revenues going forward. Therefore, we maintain our Buy rating, and continue to believe QCOM is a core holding for wireless investors. Full Report - PDF>> Huh?? What am I missing here?

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