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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 (67820)	8/17/2007 1:02:51 PM
From: slacker711	Read Replies (3) \| Respond to of 197227

I'm not as up on the NOK end of things as I am on the sexier BRCM stuff, but if my recollectionis correct, isn't the arbitration designed to deal with Q's claims that NOK has already exercised the option when it sent the $20 million check? If the arbitration gets resolved favorably - and it should be resolved well ahead of the end of '08 - the coast will be clear. My read is that Q's arbitration case is based on Nokia's continued shipment of WCDMA products after the expiration date. The arbitration demand and the news of the payment actually came on the same day. Any thoughts on this case? Personally, I find it hard to believe that an arbitrator is going to rule that Nokia automatically renewed the contract unless there was a provision for this in the contract. This would have meant that Nokia was actually in a worse position in the negotiations than if they had not had the option. qualcomm.com QUALCOMM Files Arbitration Demand Against Nokia to Resolve Dispute Over License Agreement SAN DIEGO — April 05, 2007 — In an arbitration demand filed today with the American Arbitration Association, QUALCOMM Incorporated (Nasdaq: QCOM) requests a ruling that Nokia's continued use of QUALCOMM's patents in Nokia's CDMA cellular handsets (including WCDMA ) after April 9, 2007 constitutes an election by Nokia to extend its license under the parties' existing agreement. Such an extension would obligate Nokia to pay QUALCOMM the same royalty specified in the current agreement and prohibit Nokia from asserting patent claims against QUALCOMM's CDMA products. QUALCOMM also seeks a ruling that it is entitled to terminate all of Nokia's rights and licenses under the agreement if Nokia sues QUALCOMM for patent infringement after April 9, 2007.