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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: Maurice Winn who wrote (144373)8/16/2006 12:45:55 PM
From: Art Bechhoefer  Read Replies (1) of 152472
 
Court should be fun!--Maurice, it's very likely these issues will never get to court because of the consequences for the loser(s). On the other hand, one should not second guess a court, especially the courts at the federal level, whose judges are, more often than not, simply political hacks without the ability or the incentive to rule impartially. Who knows? A judge might be inclined to make a ruling favoring whatever policies are enjoyed by the likes of Texas Instruments. This also adds to uncertainties for both sides, making an out of court settlement the most likely prospect.

I'd look for a settlement late in October or early November, especially if the ITC rules on the QCOM-BRCM matter in favor of QCOM. This is in reference to the 50-day extension announced by the FTC judge, bringing the decision day to October 10.

Art
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