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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (1499)7/28/2000 2:45:25 AM
From: JGoren  Respond to of 197271
 
I am beginning to read the S-1 and will be posting excerpts and comments of interesting tidbits. Here is an excerpt regarding greater risk of patent challenges to spinco:

"QUALCOMM has various cross-licenses from parties claiming rights to wireless technologies. QUALCOMM also may have the benefit of covenants from third parties not to assert their patents against QUALCOMM. Following the distribution of
Spinco's common stock by QUALCOMM, we will no longer have the benefit of those cross-license and covenant not to assert arrangements. Accordingly, we may be subject to claims that we would not have been subject to as part of QUALCOMM."