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

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: engineer who wrote (76757)	5/1/2008 2:20:16 AM
From: Maurice Winn	Read Replies (1) of 196558

I have never been happy to lose a customer but in this instance, it would be so nice to see Nokia's name deleted from the list of licensees. It would open the market to a whole swarm of competitors and would boost Qualcomm's profits because the huge discount Nokia enjoys would be gone. Nokia is gobbling 80% of the industry's profits and 40% of sales which is about as monopolistic as things get outside government. It would be better to keep Nokia as a customer paying the right price, but in the current situation, we'd be better rid of them. So would a LOT of people. Unfortunately, Nokia apparently has a trump to play anytime = "Okay, we agree, we have an existing agreement and we hereby renew it". Which seems odd when they insist that they do NOT have an agreement. I'd take them at their word. I never like to force a customer. Scrub them from the list as of tomorrow. Mqurice

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