The New QUALCOMM - Coming Into Buy Range Message Board

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Technology Stocks : The New QUALCOMM - Coming Into Buy Range

QCOM 165.13

+1.1%

3:59 PM EST

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To: carranza2 who wrote (1044)	8/21/2007 11:29:17 AM
From: manalagi	Read Replies (1) of 9129

After a lot of reflection, I do believe that there are several good things on the horizon. First and foremost, Spinco. I generally agree with you. Any forth level manager should have known that going to trial with lawyers who do not have trial experience and paying ransom money is just not a good decision. If top management fail to realize that, how can we have confidence in their judgement for important matters? The arrogance of the legal department and displayed in front of Judge Brewster will have a lasting impression. You don't do that to an old man. Even if Spinco is created, does the legal issue go away? Which company is going to inherit the problem? I doubt that Spinco will be created since I see that it will be a blow to Paul Jacobs' ego. I am sure that there are readers who will say : "if you don't like it, why don't you sell it?" Well, I have, and having invested since 1992 and selling half of my remaining shares, that tells a lot, especially I have a very low cost basis. I do see other opportunities in growing companies. Yes, two birds in the bush, but I have a large net.

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