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


To: slacker711 who wrote (67974)8/19/2007 1:37:25 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 197452
 
.a stand-alone QCT would have been free to pursue new markets across a wide range of technologies

Well, in theory that's true. In practice, what's to prevent a bully from making an unsolicited tender offer at a price high enough to wrest the company from its owners?

In other words, part of the value of QCT comes from its being part of a corporate culture that in the main works really well and encourages innovation. As an independent company, QCT could turn into something else.

In fact, I would hazard a guess that the real strategy behind the actions taken initially by Nokia, with help from others is to divide and rule. Split up QUALCOMM so that the innovative spirit that was responsible for some 5000 patents is sufficiently diluted to make whatever is left a minor player, dominated by Nokia.

Art