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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 (68090)	8/21/2007 6:40:57 PM
From: pyslent	Read Replies (1) \| Respond to of 197452

I suggest that you read between the lines. Qualcomm canceled plans to spin off QCT on July 24, 2001, 20 days after the extention of the Nokia cross-license. On the other hand, TI signed their deal with the 2 Qualcomms (both QTL and QCT) on Dec 4, 2000. If the TI deal obviated the need to Spinco, why wait for Nokia to sign? Additionally, you have made repeated reference to the possibility that the TI cross-license somehow gives Qualcomm access to Nokia's IPR. Let me respectfully suggest that this is a completely unfounded delusion. On their Q106 conference call, Nokia specifically said: "Nokia does not provide any pass-through rights to its patents." seekingalpha.com If you accept that Nokia has any valid IPR in GSM, WCDMA, and/or CDMA, Qualcomm needs to deal directly with Nokia to sell chips. On the other hand, you are free to accept the word of the late Lou Lupin, who once claimed: "We have never believed that Nokia's patents are applicable to our products." This despite the seemingly contradictory statement from Steve Altman on the same conference call: "In the event that after April 9, 2007 the existing agreement is not extended or a new agreement is not signed ... our rights to sell integrated circuits under Nokia's patents will likewise cease under the terms of the current agreement." seekingalpha.com

To: Art Bechhoefer who wrote (68090)	8/21/2007 11:15:01 PM
From: Rich Bloem	Read Replies (3) \| Respond to of 197452

Art, it is clear that Nokia has essential IPR in WCDMA and it is also clear that Q and Nok had a cross-license in place. And, that is exactly what they are negotiating now, a cross license. As part of the last agreement, Q gained access to Nok's IPR in WCDMA, CDMA and GSM and NOK was still a net payer of royalties. That agreement and all of the other agreements with the rest of industry shows just how powerful Q's IPR package is. What has changed with the current negotiations? Well, Nokia has taken the position that their IPR is now much greater than the first time around. I am sure that NOK will sign an agreement (although unwillingly), but as a result of their beefed up IPR they want to lower the net that they pay. Not an unreasonably stance from a business standpoint. Regarding Q's agreement with TI, Q obtained whatever TI had in terms of GSM,WCDMA IPR plus they gained the rights to TI's DSP patents. Not a bad deal. Q's ability to make multi-mode phones (GSM,CDMA,WCDMA,EDGE, etc) is a result of all of Q's agreements with all other licensees. With the exception of those AH** that reside in Newport Beach. And, they too will see the errors of their ways. (ggg)