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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 155.82

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3:59 PM EST

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To: rkral who wrote (61578)	3/28/2007 11:21:36 AM
From: JGoren	Read Replies (4) of 197337

NOK has the option to renew at the same terms. That is one reason it figures that it has a no-lose strategy to delay, engage in massive litigation, etc. At any time before the end of 2008, NOK can say "King's X" and have the same deal it has now, while accruing royalty payments at the same rate for sales after April 9. As to an injunction from the ITC being part of the legal strategy, I cannot agree. It would be perceived as a legal loss and wreak havoc with the stock price for awhile unless Qcom immediately announces that it has instituted a fix-workaraound. An injunction would reject a large part of the defense to the remedy, which is the importance to the emergency response of the country. Even if a fix exists, the chips still need to be imported because it's easier and cheaper to install the fix if the chips are imported. That may be one reason why it's not mentioned if it exists already. And, the record is closed, so it would be introducing new evidence.

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