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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: voop who wrote (70009)3/29/2000 11:01:00 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
I don't think what Q "got" for subscriber was 230 mil; rather, it was the 5-year ASICs agreement as well as a partner who would take over the operation. If subscriber was spun off, I don't think Q would have been in a position to negotiate ASICs. Or, conversely, the cash price would have been higher, so purchaser would have had less reason to be accommodative inre: Q's chip procurement requirements.



To: voop who wrote (70009)3/30/2000 10:55:00 AM
From: gdichaz  Respond to of 152472
 
voop: Mucho Maas has answered you much as I would have.

Will not repeat his points therefore, except to emphasize that Dr J made very clear that his major objective was to advance CDMA worldwide, and next the Q's royalty and chip business.

The sale to KYO achieved both well.

He also said price was his last concern.

IMO his priorities were absolutely on target.

Few CEO's would have had the vision to do what he did, let alone the ability to make it happen.

Relax.

Best.

Chaz a.k.a. Cha2