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

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To: kelseysuncle who wrote (79266)	7/28/2008 7:27:26 AM
From: slacker711	Read Replies (1) of 197217

Slacker and David T have already discussed and estimated 2) and 3) and I think I have to agree with their conclusions that Nokia will be paying a smaller royalty and probably paid a huge up front fee that could very well make up for the smaller rate. Just to clarify, I gave some comments/adjustments on David's numbers...that doesnt mean that I necessarily support them. I am still extremely skeptical that we will see a multibillion dollar upfront payment....and even if we did, it wont make up for the drop in royalty payments over the next 15 years. My opinion is that Q received quite a bit of value in getting a 15 year extension as well as the LTE license and in return they are going to get paid quite a bit less than they would have under an extension of the old agreement. Slacker

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