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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.96+1.4%Nov 11 3:59 PM EST

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To: TShirtPrinter who wrote (25446)3/28/1999 10:01:00 PM
From: Morgan Drake  Read Replies (3) of 152472
 
No Protracted Legal Fight

Recall that the deal was announced after the U.S. Patent Office reaffirmed all 49 of QCOM's patents. Further, Federal Courts defer to agency interpretations and rulings, and except in capital cases, the Federal Appellate Courts are constrained to reviewing matters of law, not factual matters. Thus, once the patent office ruled in favor of Q on all 49 patents (quite a compelling statement), the Federal trial judge in Marshall, TX was bound to rule in Q's favor. And the appellate courts would have affirmed the trial court.

So, at that point, ERICY knew the jig was up and threw in the towel. This being the case, I'm sure that Q pretty much dictated the economic terms of the deal, leaving the face saving stuff to ERICY.

IMHO.
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