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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: rkral who wrote (59069)1/25/2007 7:52:07 PM
From: quartersawyer  Read Replies (3) of 197341
 
I recommend listening to Steven Altman's presentation at the London Analyst Day.

Phooey. Tales told by lawyers signifying next to nothing. If we navigate the important points of reference in all the statements, we wind up choking on the beach like stranded whales.

Lupin: If I can interject, there seems to be some confusion: the 2008 date is the date by which they have to elect whether or not to exercise the extension. If they do elect to exercise the extension, it actually extends the agreement for a considerable period of time well beyond 2008. So it can't be used simply as a means to simply delay the action. In fact if they make this election it essentially moots the current dispute because they will have to re-up [?] to our agreement for a very considerable period of time.

Q: IS THERE A DIFFERENCE BETWEEN APRIL 9, 2007 AND THE END OF 2008?
Altman: That's a level of detail that I can't get into today. I don't want to be too mysterious, but we're just not at liberty to talk down at that level.
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