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

QCOM 155.64

-1.4%

2:24 PM EST

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To: JGoren who wrote (61611)	3/28/2007 12:48:10 PM
From: Dash of Reality	Read Replies (3) of 197335

I don't believe that Nokia escapes this predicament unscathed as you indicate. However, you're the attorney here not I. 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. I would presume that the Q will file for an immediate injunction on or soon after April 9th. Because Nokia acknowledges the validity of Q's IP and willfully and intentionally continues to utilize them without compensation I believe that opens them up to punitive damages as well. The option to renew the existing contract retroactively does not absolve them of the punitive damages. The possibility of an injunction against their selling WCDMA products will most certainly damage their stock price. Perhaps this is too simplistic of an opinion, feel free to correct me. DoR

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