Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JeffreyHF who wrote (68122)	8/22/2007 10:32:54 AM
From: scratchmyback	Read Replies (1) \| Respond to of 197464

<<... prudence would suggest that your premise is premature, and somewhat speculative.>> Yes, I admit that somewhat premature speculation is the name of the game. However, I'm rather convinced that Nokia's $20m tender would not exercise the renewal of the option. If my memory serves me right, I think Qualcomm refused the check because there were so many many ifs, buts and howevers in the related contract that Qualcomm would have had to sign to get the cheque. And my guess is that maybe the #1 condition related to that cheque would have been that the payment does not exercise the renewal of the option. On the other hand, if there wasn't such a clause and the cheque would have actually renewed the contract, wouldn't Qualcomm have accepted it right away! Don't tell me that Qualcomm's lawyers were so stupid that they didn't think of that alternative before returning the cheque! Ok, enough of lawyerism this time...