*3G agreement* Yawn! "If a compromise were to happen between
now and April, it would be an all-inclusive
agreement,'' said Qualcomm President
Richard Sulpizio. ''It would solve this lawsuit
as well as get harmonization on the
(third-generation) standard."
Somehow that just sits there looking at me on the screen. Naively perhaps, I'd assumed that would be the case and expected such a decision in December, so I'm not too excited at all and think I'll go and have a nice cup of Japanese Green Tea.
Maurice--your assumption is exactly the same as mine. This scenario described by Sulpizio has been in the cards for some time, and is the ultimate outcome in this mess. Resistance is futile. On the other hand, you and I(along with many others here) are unique in the great big investment world. The vast majority of folks reading that IBD piece today see only flashes of fact that lead their minds to think "ERICY wins lawsuit--QCOM pays damages--no more royalties--etc." Investors are simple for the most part. Big or small, sophisticated or seat-of-the-pants, they shy away from controversy. They shy away from situations where it might take a great deal of time and research effort to get to the bottom of a complex issue. They abandon value as an investment tool when the unknown looms over them. So here we sit, QCOM dropping because of an article that brought a smile to my face, and brought fear to the minds of others. What is obvious to us, what is obvious to QCOM management, is not so obvious to the rest of the world. Expect Mika or Tero to bring up more of the same, saying we are blind, zealots, or somesuch, that ERICY can't lose, won't cave, etc., that Nokia rules the handset universe....blah blah blah. What will they say to a deal between ERICY and QCOM? What will that deal look like? Who will be left standing? The fun is just beginning. |
