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

To: biostruggle who wrote (23020)	2/18/1999 11:56:00 AM
From: Ruffian	Respond to of 152472

Bloomberg, Ericy Feeling The Heat> Qualcomm and Ericsson Trying to Settle Patent Suit, Paper Says San Diego, California, Feb. 18 (Bloomberg) -- Qualcomm Inc. and Ericsson AB are trying to settle a dispute over cellular phone-technology patents out of court before a jury trial begins April 6 in Marshall, Texas, Investors Business Daily said. Ericsson sued Qualcomm in September 1996, alleging patent infringement on a cellular-phone technology called CDMA, and if the suit is settled before trial, it would resolve all outstanding issues, said Qualcomm President Richard Sulpizio. Ericsson would like to settle the suit with a cross-licensing agreement for CDMA, said Ericsson general counsel Larry Lyles, and the company's U.S. Chief Executive, Bo Dimert, told the newspaper ''we're optimistic we can settle these things.'' In October, Qualcomm said Ericsson dropped claims against the company for three patents in the Texas lawsuit, and also surrendered its rights to two separate patents it disputed. (IBD 2/18 A6 www.investors.com) NYSE/AMEX delayed 20 min. NASDAQ delayed 15 min.