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


To: Robert who wrote (25058)3/25/1999 3:54:00 PM
From: Sawtooth  Respond to of 152472
 
<<Billions were at stake
Qualcomm, Ericsson in wireless deal
Two foes bury hatchet in fight over cell phone standard>>

Two foes bury hatchet ...

There's a huge splash of Maurice's dinkum oil, IMO.

Aside from the certainly significant results on revenue from increased product and license sales and cdma buildout; although difficult to measure, the opportunity cost of not being able to do so because of a continuing Qcom - Ericy food fight would also have been huge. Assets should now be able to be much more effectively deployed to achieve the true objective: net income and corresponding increase in stock price.