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If Jorma loses the decision, would he know when to quit?
Wasting a few bucks on an unsuccessful challenge wouldn't break the bank.
But losing an arbitration, and losing a challenge. . . . .
As we say on Yahoo, "WOW MOM WOW".
I tend to agree, Zip.
The markets seem to have a way of smelling-out a "Sour Grapes" challenge, versus a legitimate action.
A challenge does, however, prolong the agony.
OK, one more question.
Who will assess these punitive damages?
Loop.
Not trying to put you on the spot, but what is "exemplary damage exposure"?
The Asp of Espoo doesn't seem to give a damn about anything.
Sorry. Still can't buy it.
What does IDCC have, 35 customers?
$120 million in revenue?
No cost of sales.
Nuff said on this subject. We'll never know anyhow.
Hey, Milt. How goes it?
You know the CPA business, so I'm inclined to defer.
But Fagan and the auditors knew about SOX, and they're only working with $100 Million-plus revenue, no cost of sales, etc.
If SOX is the real problem, I'm not sure I'd tell the world about it.
Based on Jorma's obsessive behavior, if the ruling goes against him, I can't believe he'll say,
"Thanks for your time, guys. Here's the check, Howard."
Ronnie.
Deep down, do you really believe IDCC would report an award that is under challenge/appeal?
Ima. Are you sure this was a "presentation"?
Strange things goin' on.
I didn't listen to the presentation.
I couldn't find her name on any officer listing. At one time I believe she was Director of PR.
But we all know Howard. He steps on the answers of other officers in CC's, to make sure there are no mistakes.
Just as nagging is the absence of Rip.
SURELY, the Emerald Conference was not beneath them. However, the Emerald people might get that impression, if it were not for the current circumstances.
Methinks Sarbanes/Oxley is not the reason for the "delay" in reporting earnings.
Janet's appearance is a nagging question.
"Senior management from over 40 public and private companies are scheduled to make 30-minute formal presentations during concurrent sessions."
Whenever Howard fails to attend a CC or third party conference, we always seem to learn something.
Loop.
Do you not find it strange than Janet was at the conference, and played such a big part in the presentation?
Bob. I know, I know. LOL.
Despite a chief accountant, a controller, and a CFO, booking profits at IDCC seems to be a problem.
This language appears all too often:
"Given the complexity of accounting for revenue associated with the agreement, the Company has not finalized the manner in which revenue will be recognized for payments to be received under the agreement."
IQ.
I don't think you were around when we had the discussion.
But the bottom line was, NOK only had a free ride on single mode phones.
Without a license for duo mode, they would probably have little success trying to take over the U.S. market.
I've probably stated this incorrectly, but that's my understanding.
Yeah. Makes sense.
If they didn't cover all the bases, it wouldn't be NOK.
What did NOK really get with their free ride on TDD?
I thought we argued the other day that TDD, without duo mode, was relatively passe'.
Clarification please.
All I know is it was reported on CNBC last week.
Give O'Dog a little time, and he'll find it. LOL.
As part of the new rule, the names of the affected companies will be made public.
OT, from Yahoo.
>>>>>>>>>>>>>>>>>>>>
Proud to be an American
by: danl2862003 (55/M/Jersey) 01/31/05 08:23 am
Msg: 215224 of 215225
One of my sons serves in the military.He is still stateside,here in California.He called me yesterday to let me know how warm and welcoming people were to him,and his troops,everywhere he goes,telling me how people shake their hands,and thank them for being willing to serve,and fight,for not only our freedoms but so that others may have them also.
But he also told me about an incident in the grocery store he stopped at yesterday,on his way home from the base.He said that ahead of several people in front of him stood a woman dressed in a burkha.He said when she got to the cashier she loudly remarked about the US flag lapel pin the cashier wore on her smock.
The cashier reached up and touched the pin,and said proudly,"yes,I always wear it and I probably always will.
"The woman in the burkha then asked the cashier when she was going to stop bombing her countrymen,explaining that she was Iraqi.A gentleman standing behind my son stepped forward, putting his arm around my son's shoulders,and nodding towards my son,said in a calm and gentle voice to the Iraqi woman:
"Lady,hundreds of thousands of men and women like this young man have fought and died so that You could stand here, in My country and accuse a check-out cashier of bombing Your countrymen. It is my belief that had you been outspoken in Your own country,we wouldn't need to be there today. But, hey, if you have now learned how to speak out so loudly and clearly, I'll gladly buy you a ticket and pay your way back to Iraq so you can straighten out the mess in Your country that you are obviously here in My country to avoid.
Everyone within hearing distance cheered.
Has to be just temporary. But won't do NOK's market share any favors.
First quarter may see more excuses for poor U.S. sales, which have to be made up by increasing sales in other countries.
They could never stay out of the U.S. for long.
From Nokia board:
Note last sentence:
>>>>>>>>>>
WAS IN BEST BUY.
by: jackrusoll 01/28/05 10:48 am
Msg: 214485 of 214499
And asked the store manager why there were
so few Nokia phones, (compared to other
brands) and why there were NO NOKIA FLIP
PHONES.
He said they did not expect to get
anymore Nokia phones, flip or otherwise and
said to contact company via web site, to find
out where to buy various Nokia models.
Does that sound strange or what?
>>>>>>>>>>
They were purchases in small amounts. 95 shares total.
Yeah. Motorola got some great press this morning, after Jorma was on CNBC.
The "Razor" and the "Pebble" ARE HERE NOW, and taking bigger slices out of NOK's share every day.
Unspoken words by Jorma at the NOK CC:
Although we're the biggest dog in the pound, we screwed up in the largest market in the world, and let Motorola take the lead in sales and market share.
But, not to worry. We now know the solution. Take decisive action, by
making phones like Motorola.
Jorma. "Come back and see me in 12 months."
>>>>>>>>>>>>>>>>>>>>>>>>
Nokia sees balanced phone line-up by Q4
Thu Jan 27, 2005 08:46 AM ET
HELSINKI, Jan 27 (Reuters) - The world's top mobile phone maker Nokia (NOK1V.HE: Quote, Profile, Research) said on Thursday it aimed to have a well-balanced handset portfolio in 12 months' time.
"When we are sitting here 12 months from today, I think that the fourth quarter portfolio would be something I could say ... is very balanced," Chief Executive Jorma Ollila told a conference call after the firm's fourth-quarter result.
Nokia had a tough 2004, losing market share to rivals due to a patchy phones portfolio and then slashing phone prices to halt and partially reverse the trend.
MOT ahead of NOK in U.S. market. Jorma intends counter-attack:
>>>>>>>>>>>>>>>>>>>>>>>>>
Nokia CEO reviewing NAmerica product portfolio in bid to stem falling volumes
01.27.05, 10:31 AM ET
AFX News Limited
HELSINKI (AFX) - Nokia Corp chief executive officer Jorma Ollila said that the company is in the "fundamental process" of renewing its product portfolio in North America to help combat falling volumes in the world's top market.
He admitted that the fall in demand in North America is partly due to shortcomings in the number of Nokia phone models equipped with the code division multiple access (CDMA) technology, which is used there.
"We don't have the portfolio in place in which we can do business. (But) we are in the fundamental process of renewing (it) there," he told a conference call.
"Work is in progress. We have identified the problem and we will be back."
Nokia had said in its fourth quarter earnings report that its volume growth in 2004 was fastest in Latin America, China and Asia Pacific, moderate in Europe, but that it was partially offset by volume declines in North America.
Meanwhile, Nokia's key rival Motorola Inc had said in conjunction with its quarterly earnings report that it is already ahead of Nokia in terms of US share, and that it aims to surpass Nokia's market position outside US also.
Nokia's Ollila also said that it is still too early to predict when Nokia will be on a path of consecutive quarterly profit growth, but added he does not see this during the first half of the year at least.
"We will have to see, but I think we will need a little more than one or two quarters," Ollila said.
nina.garlo@afxnews.com
Copyright 2005 AFX News Limited. All Rights Reserved.
--------------------------------------------------------------------------------
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However, they claim, via the recent lawsuit, that they are not, and do not intend to use IDCC patents in these handsets, right?
Anyone?
Please keep me on the straight and narrow:
If NOK wants to increase share in the second largest market in the world (U.S.), they must compete by selling 3G, duo mode handsets, right?
To do otherwise would leave the field wide open for competitors, who would be able to steal NOK's share for almost two years (thru 2006).
Would Jorma really sacrifice the U.S. market, rather than pay $1.00--$2.00 per unit in royalties?
Dan. Did you notice the expression on his face when asked about buying RIMM?
He could have said, we're not interested. But instead, he said he was not going to comment.
Did I see a little twitch in his cheek muscle, or was that my imagination?
I wonder how he'll take care of Cingular's needs with a single mode phone:
"We also extended our strategic cooperation with Cingular in the US with a significant GSM/EDGE radio and core network contract, which also includes the possibility to support the deployment of their 3G/UMTS network."
Too bad Beckie Quick didn't have more time to talk to Jorma.
Nok's largest weakness for the quarter was a decrease in handset sales in North America. But she didn't question him about how he will tackle this problem.
If they don't intend to launch duo mode 3G sets in the U.S. until the end of 2006, this could become a burr under Jorma's saddle.
Dan. I sent an email to Haines, attaching Jorma's recent complaint about U.S. mores, churches, government, greedy individuals, et al.
Haines likes a little controversy, but does he have the guts to take on The Snake?
Stay tuned.
Marc Haines interviews Jorma tomorrow morning.
Obviously, no one here could know.
I just wanted to point out that NOK is taking shots in all directions, hoping to hit something.
Precisely.
So why did they chose to sue in the UK on 2G?
And why did they do the same for 3G in Delaware?
If NOK, by agreement, can challenge IDCC patents in court, I wonder why they chose suing in the UK for 2G, and resorted to arbitration in the U.S.
For someone who has nothing to lose, NOK is sure putting up a helluva fight.