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

To: kech who wrote (23655)	3/2/1999 5:47:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

Trial> Tuesday March 2, 4:58 pm Eastern Time Company Press Release SOURCE: QUALCOMM Incorporated Trial Postponed in Ericsson Versus QUALCOMM Litigation SAN DIEGO, March 2 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced that the trial in the lawsuit between QUALCOMM and Telfonaktiebolaget LM Ericsson pending in the United States District Court for the Eastern District of Texas will be postponed. On February 26, 1999, the trial judge indicated that the trial will be postponed from the present trial date of April 6, 1999 until early June of 1999. The Company expects the court to issue an order this week setting forth the revised schedule. QUALCOMM Incorporated (Nasdaq: QCOM - news) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's major business areas include CDMA phones; integrated CDMA chipsets and system software; wireless infrastructure; technology licensing; and satellite-based systems including OmniTRACS® and portions of the Globalstar(TM) system. QUALCOMM is headquartered in San Diego, Calif. QUALCOMM's fiscal 1998 revenues exceeded U.S. $3 billion. For more information, please visit the Company's web site at qualcomm.com. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including timely product development, the Company's ability to successfully manufacture significant quantities of CDMA or other equipment on a timely and profitable basis, and those related to performance guarantees, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 27, 1998, and most recent Form 10-Q. QUALCOMM and OmniTRACS are registered trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. SOURCE: QUALCOMM Incorporated More Quotes and News: Qualcomm Inc (Nasdaq:QCOM - news) Related News Categories: telecom

To: kech who wrote (23655)	3/3/1999 1:37:00 AM
From: JGoren	Read Replies (1) \| Respond to of 152472

I don't know the specific reason for the trial delay. However, I can tell you that civil cases have trouble getting to trial in federal court because the federal courts are inundated with criminal cases, especially drug cases. Criminal cases have priority by law. The Curiously, the interstate highways going east from Dallas (i.e., I-20 and I-30--Marshall is on I-20, about twenty miles from Shreveport)have in the past few years been plagued with a lot of drug busts of biggest problem in the federal courts today is that Congress keeps passing laws that create more federal crimes, in other words, "federalizing" what have traditionally been state crimes. Tell your Representative and Senators to stop! The consequence is that important civil cases cannot get to trial. vehicles; it has a reputation of being somewhat of a "drug pipeline." The judge might have a bunch of criminal trials he has to hear. The judge also might need more time to decide the Markman issues. The judge could have decided to give the parties more time to settle. And, the parties' counsel may have suggested in chambers that they were discussing settlement and "might not mind" if the case were put off a couple of months. The judge took the hint, and that way neither of the parties looks like they are trying to delay. I prefer this rationale. These are the ideas that come to mind. I could be totally off base, of course--the judge just might have a big anniversary coming up and want to take his wife on a trip. PENN 73 Princeton 48 On to the NCAA's! GO QUAKERS.