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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 174.76+0.3%3:59 PM EST

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To: hedgefund who wrote (62030)4/5/2007 11:38:32 AM
From: Dash of Reality  Read Replies (2) of 197017
 
Nokia has blinked

I agree. By first stating a couple of weeks ago that Qualcomm IP has been fully paid and now offering $20 million for thier IP they must recognize that the day of reckoning is at hand. I'm fairly confident that Qualcomm will file for an immediate injunction against Nokia early next week. Nokia has got to be fairly uncomfortable at the thought. The pressure seems to be getting to Nokia more than Qualcomm. Instead of mitigating damages, I believe this offer will actually make Qualcomm's job of proving intentional disregard easier.

DoR
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