Zeev's Turnips Patch-No Politics (ZEEV)

[GAB]

They have more than doubled their engineering staff during the past few years during the severe economic downturn in the telecommunications industry. Many of the hires have Phd degrees. They recently settled a lawsuit with and signed Ericsson/Sony/Ericsson as a licensee. That deal was worth 34 million, not including ongoing royalties. I suppose Ericsson just gave them the 34M out of the goodness of their heart? They have NEC,Sharp,Nokia and Samsung under contract for 2G, and are working on 3G contracts. Sounds like you lost money on this stock some years back.