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

To: quartersawyer who wrote (146690)	11/30/2006 8:16:24 AM
From: jackmore	Read Replies (1) \| Respond to of 152472

(Lupin): " ...if they do elect to exercise the extension, it actually extends the agreement for a considerable period of time...and so it can't be used simply to delay the action." I interpreted this to mean Nokia would continue to pay royalties during the extension. If true, and we couple that with the fact that Nokia has - for lack of a better term - blabbed that they won't be paying royalties after April, would it then follow that they're not planning to exercise the extension? On that note, I recall it was Q that first identified the extension as another potential wrinkle in the negotiations, not Nokia. Could the whole extension thing be a red herring?