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


To: mindykoeppel who wrote (67675)8/15/2007 7:04:50 PM
From: limtex  Respond to of 197482
 
MK - No wonder Q is $35.90 A/H still falling A/H - Clearly we have reached some kind of event in the life of the Q. This BRCM battle sounds from IJs evidence to be a whole lot worse than was thought.

Best,

L

nasdaq.com



To: mindykoeppel who wrote (67675)8/15/2007 7:36:31 PM
From: phatbstrd  Respond to of 197482
 
In place of an injunction, Qualcomm said in an Aug. 2 document filed with the court that it offered to pay Broadcom three times a royalty rate model that the jury used in May to calculate damages. As a result Broadcom would suffer "no hardship" for lack of an injunction, whereas a ban would cost Qualcomm $2.4 billion in revenue over five years, it said.

This statement of fact could bring some sanity back into the process...

The patents in the case cover video compression for mobile phones, walkie-talkie-style technology, and simultaneous communication between different types of networks. A ruling is not expected until September, lawyers from both sides said.

This statement means Q shares may get whacked for quite some time...



To: mindykoeppel who wrote (67675)8/15/2007 8:15:00 PM
From: Mike Buckley  Read Replies (1) | Respond to of 197482
 
Jacobs said he believed Qualcomm General Counsel Lou Lupin was "not correct" when he told the news media in May that the verdict would have "little effect" on the company. "Qualcomm would be harmed very substantially," Jacobs said.

Did Qualcomm issue a statement in May correcting Lupin's comment?

--Mike Buckley



To: mindykoeppel who wrote (67675)8/15/2007 8:16:03 PM
From: seti  Read Replies (2) | Respond to of 197482
 
!! Freaking unbelievable !!


The proposed injunction, calling for Qualcomm to stop making chips that a jury found in May infringed three Broadcom patents, could cost it $2.4 billion over five years, Qualcomm said in documents filed this month with the federal court in Santa Ana, California.


certainly does not inject confidence in qcom's business prospects


On the second day of the penalty phase hearing, Jacobs said he believed Qualcomm General Counsel Lou Lupin was "not correct" when he told the news media in May that the verdict would have "little effect" on the company. "Qualcomm would be harmed very substantially," Jacobs said.


incompetence on a grand scale - all around.


Jacobs said Qualcomm had not attempted to find alternatives to the infringing chips while the case was being litigated.


why not? because they like to be grabbed by the balls?


"I'm not sure the impact reached me and I did not take any steps," said Jacobs, who gave up the chief executive job to son Paul Jacobs in mid-2005, shortly after the lawsuit was filed.


who's in charge? is anybody home?



To: mindykoeppel who wrote (67675)8/15/2007 9:15:59 PM
From: Ruffian  Respond to of 197482
 
<"I'm not sure the impact reached me and I did not take any steps," said Jacobs, who gave up the chief executive job to son Paul Jacobs in mid-2005, shortly after the lawsuit was filed.>

Amazing.....................