Qualcomm Moderated Thread - please read rules before posting Message Board

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

QCOM 138.96

+1.2%

3:46 PM EST

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To: Maurice Winn who wrote (62920)	4/20/2007 4:10:29 PM
From: lml	Read Replies (1) of 197636

The most basic and ridiculous is the concealment of royalties paid. Never has the official standard rate been disclosed. If that's not a criminal act, I have no idea why. These are confidential terms, that if made public, would diminish Q's bargaining position with other potential licensees. Furthermore, the confidentiality works both ways; it protects the licensee as well as the licensor, particularly if the former can cut a better deal with the latter w/o upsetting other licensees of the same IP. I can only see royalty rates disclosed if both parties agree, and it's most likely in neither party's interest to disclose these market-sensitive terms to the investing public. When you buy stock, you're making a bet on the MANAGEMENT whose been entrusted by the BOARD OF DIRECTORS to maximize shareholder value. If you do not have faith in Q's management, then you shouldn't hold the stock. JMO.

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