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


To: talksfree who wrote (54900)9/1/2006 9:40:45 AM
From: JeffreyHF  Respond to of 197001
 
Re: ruling at preliminary stages

It also precludes a Discovery fishing expedition into Qualcomm`s business practices and relationships. The importance of preventing access to liberal Federal Discovery tools and procedures is significant.



To: talksfree who wrote (54900)9/1/2006 9:44:19 AM
From: carranza2  Read Replies (1) | Respond to of 197001
 
If Broadcom cannot even allege facts that survive the initial Motion to Dismiss, it reduces the chances of a suit by anyone actually going to trial.

There is that.

The complaint which was dismissed was the amended complaint. It was probably filed as a result of pleading problems in the original complaint. As such, the amended suit probably represented BRCM's best effort at stating a claim.

The long term positive implications for Q from this ruling should it survive appeal are huge. It will deter future antitrust suits and remove a very significant cloud of doubt about its business model.

This is worth a 5-6 point boost, but I'm sure the market will not look beyond the BRCM-specific implications of the ruling.