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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: gdichaz who wrote (4531)	12/23/1999 9:17:00 PM
From: w molloy	Read Replies (1) \| Respond to of 13582

You are holding onto a misguided (and incorrect) view. 1. The handset division is sold! Check out the press releases. 2. My view is that the 'lease' arrangement was done primarily to head off ERICY type lawsuits. It doesn't negate the other benefits, some you have mentioned 3. Why do you think NOK can't afford to hire (not steal) the QCP R&D engineers? FYI If NOK had bought QCP, they could have paid up to $1000000 per engineer (perhaps more ), discounting manufacturing staff and temps. That is the going rate for takeovers and buyouts in this industry. If NOK recruit on the open market, via a headhunter, they would pay a minimum of a years salary (say $120K) to the recruiter as a fee. Now if you were to approach NOK independently, and if you were any kind of a negotiator, you could parley a pretty good deal based on these reruitment costs and loss of options compensation. If they want you enough, beleve me, they will pay. w.