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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: hedgefund who wrote (61999)	4/5/2007 7:38:44 AM
From: scratchmyback	Read Replies (1) of 197031

<<...if $64 million equals the effective royalty rate of 3% (that Nokia claims it has been paying in some of today's press reports)then the $20 million is less than a 1%. That shows that the parties are quite a ways apart but maybe Nokia private offer is better than its public offer.>> Yes, but one must not forget that Nokia probably wants to get some money back from Qualcomm for the use of Nokia's IPR. I.e. Nokia doesn't want to be a net payer of $20m for Qualcomm. From Nokia's release: "It is important to note that as of April 9, 2007, Qualcomm's entire chipset business becomes exposed to Nokia's extensive GSM, WCDMA and CDMA patent portfolios and Nokia will use all rights from those portfolios when defending itself against any new Qualcomm litigation", Simonson concluded.

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