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

To: thinkclear who wrote (67990)	8/19/2007 8:00:48 PM
From: Art Bechhoefer	Respond to of 197452

The 1999 deal with Ericsson involved the sale of the base station technology, which involves far fewer chips than those going into handsets, obviously. QCOM only started producing its own infrastructure to get its technology into the marketplace. They even started their own handset manufacturing, with Sony as a partner, just to get started, but they never intended to remain in the manufacturing business, even in the manufacturing of chips. Art

To: thinkclear who wrote (67990)	8/19/2007 10:14:07 PM
From: Mike Buckley	Respond to of 197452

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. It also caused a lot of fatter investment accounts of those employees who directly or indirectly owned QCOM stock, which they should have. It's admirable that IJ considers the moral issues. However, the moral issues aren't limited to the impact on the welfare of the employees. They also impact the stockhholders. There are a lot more stockholders than employees, and most if not all of the employees are also stockholders. The happiness of the employees who report to a new boss after the spinoff should never be a consideration in the end, for the simple reason that they might end up being happier after the spin off than before. --Mike Buckley