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

To: rkral who wrote (61221)	3/21/2007 12:15:27 PM
From: Art Bechhoefer	Respond to of 197254

rkral--My info on the forecast, provided by management at the shareholders meeting, was that the impact of no more royalties from NOK had been included in the forecast for succeeding quarters. There would be a somewhat minimal impact in Q3, owing to the fact that royalties will continue to be paid through April 9, and also to the fact that royalties generally are received and recorded on the books a few months after they are owed. Therefore, you are correct that the major impact would not occur until the 4th quarter, given the above reasons. Art