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

To: marginmike who wrote (143005)	6/23/2006 11:05:19 AM
From: Jim Mullens	Read Replies (1) \| Respond to of 152472

marginmike, RE: "I find it hard to believe this fud from NOK could take the stock down 12% in two days." Any clue as to which firms are doing the heavy trading?

To: marginmike who wrote (143005)	6/23/2006 11:35:52 AM
From: 100cfm	Respond to of 152472

The board has given little if any thought to the possibility of BRCM winning it's ITC case. The ITC lawyers have already ruled against Q. Even though this is only a preliminary ruling the judge usualy goes along with attorney findings. So what happens to Q's situation if they lose this ITC case?? I don't think this plunge is due just to the latest JV announcement. It's a combination of all the legal and business issues outstanding. This GSM thing in India is another serious issue for Q. If it wasn't PJ wouldn't be traveling to India. The JV announcement in itself wasn't so significant but what i think it did was to send a signal on how far NOK is willing to go on the contract renegotiation issue. Looks like they're willing to take it to the mat. And why not since the market seems to be punishing only Q.