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laranger

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laranger

Re: amrwonderful post# 136453

Thursday, 12/22/2005 12:34:06 PM

Thursday, December 22, 2005 12:34:06 PM

Post# of 432922
Amr.

Even their reserve picture is becoming more complex:

They reserved $483 million in December 2004, at a Euro rate of 1.35, versus the current 1.18.

Interest of all kinds, is probably $100 million, or thereabouts, and growing daily.

But QCOM has now upset the "reserve applecart" by suing for GSM royalties.

We will know more in February/March when we see their next report. But I'm thinkin' Jorma doesn't like the way things are going. And he only has 6 months to make repairs, before he becomes the "former chairman".


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