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Sunday, April 30, 2006 11:30:37 PM
I don't have precise information, which I guess to some invalidates my comments. In my unresearched opinion, I put an expected value of $240 - $260 million, including interest, from Nokia. Apparently most investors had a similar number as the share price after the announcement is in the middle of the post LG range, meaning the news was built into the stock price. You, or anyone else, fill in the numbers and tell me how much we earned from the settlement. Or is it if you can't prove it, then no estimate should be used? Ditto with the $100 mil. I'm just taking Data's numbers. I'm sure some will estimate lower numbers, and I'm just as sure those very same people would have estimated much higher numbers than Data's a week ago when they thought IDCC would collect it. Again, use your own numbers and see what you think we netted out from UNlicensing Nokia and let me know if you think it was a good deal.
I'm just saying that there may be some credence to the idea that as important as CPA's are in maintaining a strong and growing business; and acknowledging that consultation and input from the accounting and finance people is critical; in the real world it may be better if marketing and business focus "big picture" type decisions are best left to others.
Umm, interesting, but not anything that I was debating. My point was that investors, including CPAs, should question and discuss management decisions on this board. The assumptions and premises should be stated and the logical conclusions from those be discussed, whether positive or negative. I want to understand reality, not what we hope will happen. Being told that because there is uncertainty we should assume the best does not bring us closer to the truth.
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