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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.02+3.7%Nov 5 3:59 PM EST
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To: carranza2 who wrote (145848)10/24/2006 11:43:19 AM
From: Stan  Read Replies (1) of 152472
 
Carranza, I agree with most of your assessments. I feel that the drop is solely the result of bad forecasts by the mob and Q's silence as to its forecast. This could all change with a good result from the Q. As for the Nokia reversal however, I am a little more pessimistic after having reread the circuit's opinion. It seems to me that the circuit did not leave much wiggle room for the judge to find Nokia's claim "wholly groundless". Then, if it goes to an arbitrator, the usual result is that claims are found to be subject to the arbitration clause even if there is only the faintest hint that the Parties so intended. This is not to say that the Arbitrator would necessarily find for Nokia on the merits, but I, like Qualcomm, would much rather leave that issue to a San Diego jury.
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