Qualcomm Inc (QCOM)

[khemara_qc]

From Yahoo QCOM Board: deciphering JP Morgan analyst comments (1 Rating) 29-May-07 11:52 pm

Courtesy of ruseeingclearly

JPMorgan Securities analyst Ehud A. Gelblum wrote in a client report 3 things to consider...

First, Gelblum said the ITC may be reconsidering whether Broadcom's patents are valid in light of a Supreme Court ruling last month restricting patents from covering obvious uses.

Second, the ITC may be weighing what effect an outright ban on Qualcomm's chips would have on phones sold by telecommunications companies like AT&T and T-Mobile. AT&T claimed earlier this month a ban on phones with Qualcomm chips would hurt sales because there are no available substitutes.

Third, Gelblum said Broadcom and Qualcomm may be close to settling this matter on their own, and the ITC delayed its decision to give the two companies time to hammer out a deal.

The MOST important point is no. 2. Reading between the lines I can't help but believe this is code for (as James Cramer says)BUYBUYBUYBUYBUY!!!!! WCDMA is the standard of the future of cell phones because of data transfer. And the iPhone is using it and so will everyone on the planet. If you thought Apple rocked watch what QCOM does. Back up the truck and don't be tardy now.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_Q/threadview?m=tm&bn=14982&tid=....