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

To: carranza2 who wrote (62079)	4/5/2007 3:07:07 PM
From: JGoren	Read Replies (1) \| Respond to of 197246

Maybe Qcom was waiting for NOK's conduct to place it in the position that Qcom could argue the license was extended? Why tell them in advance and allow NOK to come up with some other scheme.

To: carranza2 who wrote (62079)	4/5/2007 3:40:02 PM
From: hedgefund	Read Replies (1) \| Respond to of 197246

It was better for Q to wait for the faux payment plus the statement that Nokia would go ahead and use our technology. Q does now have a basis to exercise the arbitration provision because it is performing under the extension while Nokia isn't. That's a better argument than claiming, after April 10, that Nokia was not entitled to exercise the option because it was in breach of its duty of fair dealing by using our technology without paying, a much weaker legal argument. My hat is off to the Q legal team. The $20 million public proffer wasn't very smart, imo. HF