Showing posts with label QCOM. Show all posts
Showing posts with label QCOM. Show all posts

Friday, July 25, 2008

The market loves Qualcomm $54.24 (QCOM). QCOM holds many wireless patents. They just settled a long running patent dispute with Nokia (NOK). Immediately upon the news the stock broke above $50 and the buying pressure continues. The market likes the news. QCOM is a great way to play wireless. You dont need to anticipate who will produce the next cool handset: Nokia, Motorola, Apple, Blackberry, Samsung, etc. etc. QCOM rakes in the roylties regardless.