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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 151.59-0.4%Jan 30 3:59 PM EST

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To: Art Bechhoefer who wrote (68090)8/21/2007 6:40:57 PM
From: pyslent  Read Replies (1) of 197452
 
I suggest that you read between the lines. Qualcomm canceled plans to spin off QCT on July 24, 2001, 20 days after the extention of the Nokia cross-license. On the other hand, TI signed their deal with the 2 Qualcomms (both QTL and QCT) on Dec 4, 2000. If the TI deal obviated the need to Spinco, why wait for Nokia to sign?

Additionally, you have made repeated reference to the possibility that the TI cross-license somehow gives Qualcomm access to Nokia's IPR. Let me respectfully suggest that this is a completely unfounded delusion. On their Q106 conference call, Nokia specifically said: "Nokia does not provide any pass-through rights to its patents."

seekingalpha.com

If you accept that Nokia has any valid IPR in GSM, WCDMA, and/or CDMA, Qualcomm needs to deal directly with Nokia to sell chips. On the other hand, you are free to accept the word of the late Lou Lupin, who once claimed: "We have never believed that Nokia's patents are applicable to our products."

This despite the seemingly contradictory statement from Steve Altman on the same conference call: "In the event that after April 9, 2007 the existing agreement is not extended or a new agreement is not signed ... our rights to sell integrated circuits under Nokia's patents will likewise cease under the terms of the current agreement."

seekingalpha.com
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