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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: waitwatchwander who wrote (6188)	12/11/1997 7:27:00 PM
From: Michael Allard	Read Replies (1) \| Respond to of 152472

QCOM has never announced the terms of their royalty agreements, other than they consist of multi-million dollar lump some payments, and royalties on ALL CDMA equipment sold, subscriber and infastructure. From tracking the the royalties and License agreements over the years, I suspect that the lump sum payments are in the $3 Million dollar range, and while the royalties cary, they average 4% of gross CDMA equipment revenues. (Of course, this average will move up a few points when ERICY signs!). At one point, Korea claimed that the royalties were as much as 6%. Good luck to all!