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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 175.25+0.6%3:59 PM EST

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To: SmallCapPM who wrote (61143)3/19/2007 1:58:06 PM
From: BDAZZ  Read Replies (1) of 196996
 
>>I can't believe NOK has so many fans. <<

The LG choice, among other actions, shows Nok is losing the influence it once had. Nokia's strategy is to use the legal system to delay and delay. Sooner or later this will piss off a judge. You would think the CNBC gal would have immediately made the "exhaustion" connection to GSM IPR, but of course she played softball, even to the point of adding her personal brilliant analysis that the sentiment must agree with Nokia because their stock is up from last year more than QCOM. Of course she could just have easily stated that QCOM is now winning because their stock is up more in the last few months than Nokia.
The market has caught on. The drop today is more because of the resistance at 44 than this crap, note QCOM rose to 44 after the press release.
The market has settled on the fact that these legal proceedings will last for years. We can get used to the periodic BS like today. QCOM's biggest concern is to preserve its growth and revenue for this duration. So their biggest priority is to focus on the trails where their revenue is threatened immediately. I'm getting so I really do want to see Nokia go into a court and tell a judge that since Nokia decided for itself that QCOM's IPR is overvalued that is is okay to steal it.
Treble the damages.
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