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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 172.94+1.1%3:59 PM EST

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To: whisperer who wrote (76792)5/1/2008 3:33:47 PM
From: Stock Farmer  Read Replies (1) of 197067
 
I recall NOK sending QCOM a check for 20M$ after the '01 SULA expired.

After reading Nokia's brief and the communications between Nokia and Qualcomm, it is apparent that these cheques are its estimate of what it might owe to Qualcomm under the ETSI licenses which Nokia asserts it holds.

One could argue that NOK has in fact extended the SULA by continuing to use QCOM IP and publicly admitting it needs to pay for it.

Use (with or without payment) is, in fact, Qualcomm's argument behind extension. Cheques are therefore irrelevant. The question on the table is the degree to which Qualcomm's argument might be leaky.
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