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

To: phatbstrd who wrote (67921)	8/19/2007 1:23:43 PM
From: Art Bechhoefer	Respond to of 197300

phatbstrd--We really do not disagree here, but what I was referring to was the huge amount of energy and money that is diverted to litigation and all the stresses of litigation, preventing a company from concentrating on the things it does best, like invent new technology. A striking example of how litigation damages the victor can be seen in the case of Stac Electronics v. Microsoft. In the old days, when DRAM and hard drives were expensive, STAC had a compression program that reduced the storage space for Windows files. Microsoft licensed this program, which ran in the background and routinely compressed all files. Then Microsoft cancelled its contract, saying that it had devised its own compression program. STAC sued for patent infringement and won. Despite an award that fully compensated STAC, the case drew so much energy, both physical and mental, from STAC that the company ended up squandering its funds and disappeared within a few years. This is the danger I see in QCOM having to spend so much time and energy. The victor can become victim. Art