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

QCOM 174.69

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Dec 24 12:59 PM EST

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To: scratchmyback who wrote (61991)	4/5/2007 4:43:14 AM
From: JGoren	Read Replies (2) of 197030

Nokia pays $20 million for UMTS patents to Qualcomm LONDON (MarketWatch) -- Nokia (NOK : NOK NOK took a tentative step toward settling its patent dispute with Qualcomm (QCOM), with Nokia paying $20 million for patent licenses covering the second quarter over UMTS licenses. "Nokia believes that Qualcomm's patent portfolio is concentrated in the United States, and that it has few or no alleged UMTS patents in many of the countries in which Nokia has substantial UMTS handset sales," the Finnish handset maker said. Nokia said it will make similar payments in the future. Nokia said it retains the right to ask Qualcomm and its customers to respect Nokia's patent lawsuits, and that Qualcomm's entire chipset business becomes exposed to Nokia's patent portfolios on April 9. marketwatch.com Interesting take that it's to move towards settlement. I don't buy that at all. It's more game playing.

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