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

QCOM 177.78

-2.2%

Jan 9 9:30 AM EST

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To: scratchmyback who wrote (76809)	5/2/2008 8:56:43 AM
From: whisperer	Read Replies (1) of 197157

Well, what would be your conclusion on the fact that Qualcomm has returned all the checks to Nokia? Another one could argue that QCOM has in fact publicly admitted that Nokia does not need to pay anything! The only conclusion we can make is that the 20M falls short of NOK's obligation under the '01 SULA. Others have stated that the check came with strings attached. From my (perhaps simplistic) perspective, NOK has admitted it owes QCOM something, whereas QCOM has "admitted" that 20M is not enough. According to the above argument, I can walk into my favorite electronics store, pick up a laptop and put down 20 bucks on the counter at the check out. When the cashier kindly gives me back my 20 bucks and tells me the price for the laptop is 2 grand, I can claim the laptop for free.<g> -W

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