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


To: Michael Allard who wrote (5480)12/14/2000 5:58:18 PM
From: Win-Lose-Draw  Respond to of 196500
 
Thanks to all for responding, it helped. With MSFT, one of the NASDAQ pillars, warning let me just add a heartfelt best of luck to everyone.



To: Michael Allard who wrote (5480)12/14/2000 6:08:14 PM
From: Kayaker  Respond to of 196500
 
This cross license agreement was with Spinco, NOT Qualcomm.

Not that it necessarily changes anything, but I read this differently. The QCOM press release said:

QUALCOMM Incorporated (Nasdaq: QCOM) and Texas Instruments Incorporated (NYSE: TXN) today announced that they have entered into a cross-license agreement....The companies have agreed to enter into a comparable agreement between TI and Spinco (the temporary name of the entity that QUALCOMM has announced will be spun off as a separate and independent entity) that will allow Spinco to supply integrated circuits for all wireless and wireline applications.

I read the word "comparable" to mean that they entered into 1) a QCOM-TI agreement, and 2) a "similar" or "comparable" Spinco-TI agreement.

qualcomm.com