Replies to post #435774 on Zeev's Turnips Patch-No Politics (ZEEV)

[Burk]

Yes, I don't think put/ call is telling us to run for the hills yet in here...maybe later this week we get a pullback...

[tlc]

Qualcomm sues Nokia over phone patents
By Sinead Carew and Rex Merrifield




NEW YORK/HELSINKI (Reuters) - Wireless technology company Qualcomm Inc. said on Monday it filed a patent infringement lawsuit against Nokia, less than two weeks after Nokia and five other companies complained about Qualcomm's competitive practices to the European Commission.



Qualcomm said it wanted Finland's Nokia, the world's No. 1 mobile phone maker, to stop selling certain mobile phone products in the United States, and demanded unspecified monetary damages from Nokia.

The latest suit appeared to be a retaliation by Qualcomm for complaints to the European Commission, made on October 28 by Ericsson, Texas Instruments Inc., Broadcom Corp. and others. It could be the start of a a flurry of additional lawsuits from Qualcomm, analysts said.