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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?

To: Q8tfreebe who wrote (6445)	8/31/2006 10:13:02 PM
From: Qgent	Read Replies (1) \| Respond to of 6531

from WSJ online) Suit Against Qualcomm Is Dismissed By DON CLARK August 31, 2006 9:13 p.m. SAN FRANCISCO -- A federal judge in New Jersey has dismissed an antitrust suit filed by Broadcom Corp. against rival Qualcomm Inc. The suit, filed last year, accused Qualcomm of a series of monopolistic tactics in the market for advanced cellphones and associated semiconductors, based on a technology known variously by the acronyms UMTS and W-CDMA. Broadcom alleged, among other things, that Qualcomm had promised to license its patents for such technology on "fair, reasonable and non-discriminatory terms," but instead used discounts on royalties and other techniques in ways that improperly gave benefits to Qualcomm's chip business. But U.S. District Judge Mary Cooper, in a 47-page opinion, dismissed Broadcom's contentions. "The allegations in the complaint read as a whole do not support an inference that competition in the UMTS chipset market is, or will be injured by Qualcomm's licensing practices," she wrote. "We are very pleased and very gratified with the court's very thorough and thoughtful opinion," said Louis Lupin, Qualcomm's senior vice president and general counsel. He noted, however, that the judge dismissed the case "without prejudice," which means that Broadcom could potentially modify and refile its complaint. Alternatively, Broadcom could appeal the judge's order to a higher court, he said. It's a start! Art