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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: seti who wrote (67682)8/15/2007 8:41:34 PM
From: Art Bechhoefer  Read Replies (3) of 197472
 
Jacobs said Qualcomm had not attempted to find alternatives

There are several possible interpretations here:

1. They were looking for alternatives but didn't want to let anyone know for fear that they would be admitting wrongdoing even before a verdict.

2. They mistakenly believed they didn't HAVE to look for alternatives, in which case they were both arrogant and incompetent.

3. They already had one or more alternatives but didn't want to show their hand for the same reason suggested in #1 above.

4. They thought they could reach a reasonable accommodation with BRCM on the assumption that the BRCM people were as nice as QCOM, in which case they utterly ignored the whole character of BRCM.

5. They were asleep.

Pretty poor management, if any of the above are true.

Art
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