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Post# of 432707
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ziploc_1

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ziploc_1

Re: None

Thursday, 07/17/2003 7:27:44 PM

Thursday, July 17, 2003 7:27:44 PM

Post# of 432707
IDCC will not rollover for NOK as they did for Ericy

THE REASON THAT THEY SETTLED WITH ERICY FOR PEANUTS WAS BECAUSE THEY WERE SCARED TO DEATH OF EVEN THE SLIM RISK OF LOSING IN COURT. THAT WOULD HAVE ALLOWED NOK TO PAY NO ROYALTIES ACCORDING TO THE 1999 "LICENSING" AGREEMENT. That in turn would have highlighted the way management mislead the public about the contract and then cashed in when the stock price ran up. That might have caused them to lose their jobs or worse.
The situation is different now. They have little to lose personally by hanging tough and I believe they will get what they should or they'll go to arbitration.
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