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

QCOM 152.66

+0.7%

Feb 2 3:59 PM EST

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To: mindykoeppel who wrote (67675)	8/15/2007 8:16:03 PM
From: seti	Read Replies (2) of 197472

!! Freaking unbelievable !! The proposed injunction, calling for Qualcomm to stop making chips that a jury found in May infringed three Broadcom patents, could cost it $2.4 billion over five years, Qualcomm said in documents filed this month with the federal court in Santa Ana, California. certainly does not inject confidence in qcom's business prospects On the second day of the penalty phase hearing, Jacobs said he believed Qualcomm General Counsel Lou Lupin was "not correct" when he told the news media in May that the verdict would have "little effect" on the company. "Qualcomm would be harmed very substantially," Jacobs said. incompetence on a grand scale - all around. Jacobs said Qualcomm had not attempted to find alternatives to the infringing chips while the case was being litigated. why not? because they like to be grabbed by the balls? "I'm not sure the impact reached me and I did not take any steps," said Jacobs, who gave up the chief executive job to son Paul Jacobs in mid-2005, shortly after the lawsuit was filed. who's in charge? is anybody home?

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