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

To: matherandlowell who wrote (62863)	4/19/2007 8:21:14 PM
From: Q8tfreebe	Read Replies (2) \| Respond to of 196901

While the option extends until Dec 31st 2008, from a practicle standpoint, the option extends until the September 2007 timeframe which is when Nokia would normally make its next license payment for royalties in arrears. If they don't make that payment in full, they are at risk for triple damages based on the actual amount due as well as loosing the option to renew the agreement under the present terms. Therefore, I think there is a good chance this thing will get settled before the next payment due in September. At the very least, I think Nokia will pay the full amount due in September in order to keep the option in play while they continue to try to negotiate a lower rate and otherwise generally try to destroy QCOM's business model.