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Technology Stocks : The New QUALCOMM - Coming Into Buy Range
QCOM 177.78-2.2%Jan 9 9:30 AM EST

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To: slacker711 who wrote (823)8/14/2007 11:27:00 PM
From: limtex  Read Replies (1) of 9132
 
slacker and pys- There is no evidence, not a scap, not one scintilla of evidence that there was any intelligent plan whatever behind Qs participation in the JVT, withhold details of its patents from that body in order to use them some time in the future against someoone who might attack Q in Court. If you can see one please point to in the judgement

All I can interpret is that this was the Qeystone cops at work at best and if not that then perhaps they had some other product that they were developing and didn't want to disturb it whilst at the same time they had no clue of the obligation Q had when you join such a standards setting body and attend its meetings.

The much more woryying side is that the Qeystone cops have been running parts of the Q and as a result we now find Q involved in endless litigation over a bunch of relatively unimportant have the embarassing effect of inhibiting Qs entire handset chip business. No other chip manufacturers chips however out of the 1bn handsets sold each year these little BRCM patatents apparently only affect only Qs chips.

Again today Q is in court begging a judge not to injunct it from selling Q chips with yet more little BRCM patents inside. If Q loses, more emdless begging and litigation, if Q wins...who knows ..still more litigation.

On the 29th August a hearing in front of Judge Brewsters regarding sanctions on quite woh we don't yet know but we do know that 14 Q lawyers have been ordered to appear. We can also work out that whatever Q gets hit with is likely to be at the end that includes the biggest ever in history.

Then we have the on going ITC case that is now in an appeals court.

And all that is just BRCM.

And all of these sorry little cases have been brought by a company that almost isn't even in the cellphone business.

Next up is the big Kahuna of the wirelss industry and they have a real determination to destroy Q.

It will be a miracle of biblical proportions if Q were to win every one of these cases. The market smells it.

The only thing holding up the stcok is the companys great performance but it could still have a great performance with a P/E readjusted for risk with a P/E in the low teens.

A company that got into this incredible state could never have planned to use its patents against another company to defend itself at some future infringement.

Best,

L
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