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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: JGoren who wrote (59098)1/25/2007 9:51:50 PM
From: BDAZZ  Read Replies (1) of 197356
 
>>NOK has an option to renew the license on the same terms that expires at the end of 2008. That gave NOK the ability to see if it could do without Qcom but the assurance that it could jump back on the boat within a year and 8 months. There is no royalty due between April 10, 2007 and the end of 2008. But, NOK can't infringe during that period of time.<<

This makes the most sense. I just don't see QCOM agreeing to the option clause the way some here claim.
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