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


To: Art Bechhoefer who wrote (67919)8/18/2007 7:44:29 PM
From: ohohyodafarted  Read Replies (1) | Respond to of 197451
 
I believe the Board of Directors can either recommend approval for sale or recommend against sale to any particular firm. In the end it is the shareholders which approve a sale or reject it when the company is publicly held. It would take a pretty big premium (like say a multiple of 10 times current market) for me to sell to those schmucks.

But in the end it is not always the highest bidder, it is the buyer who is ultimately approved by a vote of the shareholders, regardless of the price.



To: Art Bechhoefer who wrote (67919)8/19/2007 3:08:59 PM
From: thinkclear  Read Replies (2) | Respond to of 197451
 
Art,

RE: NOK or BRCM buying QCT in the event of a SpincoII

Look back to 1999 and the deal with ERICY. Infrastructure was sold to ERICY and Q solved a difficult problem. This caused a lot of heartache among the infrastructure employees. ERICY was hated. The pain this sale caused troubled IJ. Sulpizio made it happen.

Would the current Q management now sacrifice QCT to NOK to solve this problem?

-thinkclear

I agree, but what if the highest bidder was Broadcom . . . or Nokia? Would any of those skilled engineers now at QCOM even want to work for such a master?