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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 179.02+3.7%Nov 5 3:59 PM EST
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To: talksfree who wrote (54628)8/17/2006 6:13:31 PM
From: JeffreyHF  Read Replies (2) of 196503
 
Re: corporate press release

An official corporate press release is unquestionably, and inherently, made with the real and/or apparent authority and knowledge of the highest executive level of management of the company, and constitues an admission. As such, in most jurisdictions it is a hearsay "exclusion", and in the others, it constitutes a hearsay "exception".
As for Slacker`s point, courts only have jurisdiction to hear "ripe" cases and controversies. Nokia has asked the Delaware Court of Chancery to define and enforce Qualcomm`s obligation to license its essential GSM and UMTS IPR in conformity with FRAND principles. A condition precedent to that obligation is the existence of such IPR. As the Delaware litigation is not a patent suit, the existence of IPR subject to FRAND terms must have been implicitly conceded.
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