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Best post of the day!
The only bad result is "no trigger" which, IMO, does not make sense after 2+ years.
"Seems to me were way past the trigger issue with this delay."
After 2+ years we certainly are! This is either a good result or a not so good result, but a loss: NO WAY.
"If so the material news should be disclosed in 72 hours."
Is that 3 days or 3 business (trading) days?
That would be OK, just give us the NEWS!
Makes a lot of sense, but I hope this is a settlement.
I agree that "the delayed due dates" most likely means a settlement.
Just like IDCC to delay this news and make us sweat!
Who will be the first to post the NEWS here?
No news on IDCC website yet.
I tried to buy -DAQGE at $0.05 and got a "Trader Error". The only options for Action were: "Buy to Close" and "Sell to Open", whatever that means, so I chose "Buy to Close" and received the "Trader Error"?
Yes that works! Thanks.
I'm tempted to gamble a few bucks in options (my 1st time), but when I enter DAQGD as the symbol I get: "DAQGD is an unknown symbol". I use a Fidelity brokerage account. Can anyone help me here? Thanks.
"The monetary penalty of resisiting and delaying payment due IDCC must be considerably greater than paying on time or there is no incentive to do so."
This is why IDCC cannot make any concessions to NOK unless it is definitely to their ADVANTAGE and appears to others that IDCC won and NOK lost. IMO, a win-win deal will not cut it in the long run because others will also try to get a win-win deal!
"Is it your contention that back in '99, when you willingly signed a contract with them, when they had far fewer patents, are you stating that back then IDCC had essential technology in the 3g standard and now after years of additional inventions, years on the standards bodies and years of you helping them in the standards bodies that they no longer have essential technology? Or are you stating that you just plan on stealing their technology and you want this courts help in allowing you to steal it? Which is it Nokia?"
DD, what a great way to get at the real issue. This says it ALL!
You've made your point already, please stop beating it to death!
"Considering that no 3G trigger has been licensed, NOK has ZERO reason to negotiate 3G rates... especially with 3G patent litigation pending."
IMO, it is unreasonable of you to make an absolute statement like that. If Ericy is a trigger for 2G and 3G and IDCC wins a good 2G arb award, then it would benefit NOK to negotiate 3G before going to another arbitration.
Sounds to me that IDCC expects a decision soon, ie: this week!
PLEASE MOVE ON!
DD, I totally agree with you. Come on people, let's move on!
"This filing was from before there was a management change at IDCC. That is some 3 to 4 weeks before. Is there a latest filing that said no negotiations?"
That is the question that I also want answered!
"So as strange as it seems, is the most likely situation that the decision is in the mail?"
I find that very hard to believe, especially in this day and age and also considering the importance of this particular arbitration!
"Based on the fact that IDCC released 8K just before the ASM started, we could speculate that IDCC still kept hope to get the final award before ASM. That is why IDCC didn't issue an 8K right after 5/31."
"However, this also tells me that the delay wasn't due to any talks between IDCC and Nok, as many people suggested."
We could also speculate that IDCC kept hope to get this thing settled before ASM.
"they have both told the world that they are not in negotiations".
Can you provide a link(s) for this statement?
Because IMO, serious negotiations were/are in progress and the deal has not yet been completed, ie: IDCC wanted to complete the deal before the ASM but could not.
Yes JL, that is another logical explanation. Any other logical explanations of these events by the board members would be welcome.
I don't know the answer to that good question, but I was told by an seasoned arbitrator that it is no problem for both parties to request and receive a delay.
I don't understand your point? If we asked for a delay and got it, then obviously "we've not received the news".
Let's not panic here. From the 8K:
"As of this filing, the Company has not received any draft of the Final Award or the Final Award itself, nor any other information relating to the actual timing or content of the Final Award."
IMO, the only logical reason for this is that both IDCC and NOK have requested that the receipt of the Final Award be delayed, ie: so we can complete our settlement negotiations!
I am disappointed as everyone else for another delay, but long term this is good news!
"I believe IDCC will let this go to a decision by the arbitration panel."
IMO, if we don't get an arb decision by Monday's opening, then it is more than likely that both parties are serious about negotiating a settlement. Why? Because if NOK was not sincere in their settlement negotiations, then IDCC would ask the arb board to release the award decision. It is very important for IDCC to get this done, one way or the other, before the ASM.
"It would be easy to revisit a settlement if indeed a basic draft existed in the past. If so, a settlement could occur quickly if all the basics were already in place."
IMO, there was a basic draft in place which was probably drafted by NOK and turned down by HG and hence his departure. If that's true, then this delay is probably a good sign that WM has not accepted that basic draft and is negotiating upward for a better settlement.
Everyone is on edge here. Whenever I see an email from IDCC I say to myself: "Could this finally be the NEWS we are waiting for?". Oh well only 2 more weeks to sweat this out.
I would be very surprised if IDCC held up announcing the arb results until after the ASM, which is just 2 days after May 31.
I think we will soon reach the point (within 1 week) that if IDCC cannot get NOK to negotiate in good faith, then IDCC will ask the arb board to announce the award immediately. So if you are right we should hear before May 31.
I would keep it simple and use $1 per 3G phone (like many others have suggested).
Because if I do my wife will kill me if she finds out!
There seems to be a consensus that the arb decision will be delayed (beyond May 31) only if both IDCC and NOK agree to it, ie: for negotiating a settlement.
It seems to me that both parties would be able to negotiate better if they knew the arb results beforehand. My question is: can IDCC and NOK be given a private result before it is made public or are they required by SEC rules to report it to the public?
"IDCC has laid the trap for NOK via the 1999 agreement, but only through 2006. IDCC and NOK could settle now but in my opinion any settlement at this point MUST include an agreement for 2G and 3G royalties beyond 2006."
I strongly agree IQ and for that reason expect another delay.
"an award amount of about $300 million, which is roughly equivalent to $6 per share."
How do taxes impact the award?
I hope you are right L2V because "delay" (and I don't mean Tom) has been my concern all along!