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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 181.62+5.2%2:42 PM EST

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To: Clarksterh who wrote (140042)11/6/2005 6:09:03 PM
From: carranza2  Read Replies (1) of 152472
 
I read the suit. Well, perused, since it is a 139 page document.

What a sordid tale of chicanery on part of Mooers, et al, that docmuent describes. Pure sleaze. The judge handling it granted the plaintiffs' request for a receiver more or less immediately on the strength of its allegations. This kind of action is quite rare.

Nonetheless, the Nordic investors who sued were careful not to diss the technology, stating in one part of the complaint that it was immensely valuable or something along those lines.

I think that even if it has a kernel of usefulness, the technology is so, ah, "revolutionary" and has been associated with enough bad eggs that it will be held to a severe standard.
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