151000 posts later, Coming Into Buy Range comes to a close because olde-timer Limtex got up a bunch of newbies' noses.
It seems that just like that, a historical treasure is abandoned. Quincy did the banning which led to the new Coming Into Buy Range stream. There's some irony that between Limtex, Quincy and those who didn't use the ignore feature or just click on 'next', this illustrious place is defunct. Bring back Craig, bring back Irwin. Heck, even bring back Ramsey.
The auguries are not good, but all good things come to an end. Dr Irwin Jacobs has handed over to Jacobs the Younger. As with all extraordinary individuals, the younger can very rarely achieve comparable things. So far, dressing down seems to be the main innovative "achievement" in Jacobs the Younger's realm [perhaps unfair - I will scan the news to review]
QUALCOMM was never universally admired with idiots and slimeballs galore going on about how the "huge" royalties were a huge problem [including George Gilder] even while $100 billion in 2GHz bids were staring them in the face in Europe.
Now, we have options back-dating Nicholas III with the moral and ethical standards of a hagfish, charging $6 a handset for a poxy little patent which they bought in a job-lot from the back of a truck. But QCOM's 4% is supposedly greedy, for the whole patent wall.
Broadcom's poxy little patent is a patent so obvious that a 12 year old could easily "invent" it. The patent says "when the handset is out of range, we save power by checking in with Babe the basestation not very often". Perhaps it seems brilliant to lawyers who are bewildered by anything that hints of numeracy and science = they got into law because they were baffled by maths and science at school but were avaricious and able to string a load of drivel together and were not contaminated by ideas about ethics.
Now QUALCOMM is a legal company with court decisions and political decisions far more interesting than new ASICs and software. I ranted years ago that it would come to this. I didn't expect the attack to take the form it has [a poxy little patent used to crack open the vault for the crown jewels and cash with backing from the lawyers, courts, politicians and juries]
Mqurice
PS: I hunted down an old-timer's post from back in the day to reply to. I clicked on your profile. I like the quote: <'The first principle is that you must not fool yourself and you're the easiest person to fool.' Richard Feynman via Charlie Munger of Berkshire Hathaway. > |
