Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.24

-2.4%

3:59 PM EST

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To: Jeff Vayda who wrote (146682)	11/29/2006 4:53:05 PM
From: Maurice Winn	Read Replies (1) of 152472

Just to put a bit of subtlety on that: < you fill the system - then you raise the price.> One doesn't raise the price, one just tells competing bidders what the others are currently bidding. It would be up to the bidders whether to raise their price or not. Rather than tell everyone "It's 5%", I think it would be better to say, "There are 10, 50 or 100 licences available for this new patent. They will be held by the highest bidders in a continuously running auction". Which perhaps doesn't really make sense since there is a vast array of possible licence types for a vast array of possible products in 160 possible countries with all sorts of rules. But with internet technology, such continuously running auctions would be easy to manage. It seems odd to have somebody in QCOM invent "How to perform cold fusion in an Anita™ cyberphone" Message 22253347 and sell it for nothing other than the standard 4.4% general licence for anything invented by QCOM. I'd like to see each patent sold for what the market will bear, not bundled. The collectivist all-for-one and one-for-all standards jamborees are a denigration of the value of individual achievement. The idea of counting patents is absolutely insane! "Einstein invented Relativity Theory. I have invented a Left-handed corkscrew. We should put our inventions together and share the profits equally. After all, inventing the cosmos is nothing without a corkscrew to open the champagne to celebrate." That's the argument of the GSM Guild with their dopey W-CDMA with silly chip rate, concatenated, convoluted, unsynchronized rip-off of QCOM's ingenious inventions. It would be ironic if QCOM was forced to unbundle all the patents and rent them one by one. Mqurice

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