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

QCOM 152.66

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3:59 PM EST

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To: ohohyodafarted who wrote (61605)	3/28/2007 12:04:45 PM
From: Art Bechhoefer	Read Replies (1) of 197470

Being in business is not about a level playing field. Your view of the free enterprise system (i.e., where the market determines prices) surely is undermined by your above statement. If QUALCOMM is to prevail in the ongoing patent issues, it will do so because of willingness to enforce generally accepted regulations on corporate behavior and protection of patent rights. Without such enforcement, you can't have an effectively functioning market system. I don't understand your convoluted thinking here. If what you really mean is that the company with the most influential support at the policymaking level should win the prize, then I suggest that the best stock for you is Halliburton. Yes, I have a certain bias here, having published a paper on "The Dynamics of the Regulatory Process," Univ. of Michigan, 1975. The main point of that paper is that you can't have a well functioning free market without effective regulations to guard against abuses. That's more or less common sense, even though it seems out of style in the current climate. Art

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