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jai

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Alias Born 01/05/2003

jai

Re: witchhollow post# 40008

Wednesday, 08/06/2003 2:43:14 PM

Wednesday, August 06, 2003 2:43:14 PM

Post# of 433121
I beleive that a hostile takeover is a real possibility at this time. If NOK/SAM collude to get IDCC taken out at these levels then the savings to these big 2 would be enormous.

If NOKIA takes them out at say $20 a share you get $1.08 billion market cap - $100 million cash minus $200 million owed nets about $700 million. Now they start developing chips and screw qualcomm, cut a sweetheart deal with samsung and bingo, NOKIA becomes the new 3G king.

This may not be the plan but why would NOKIA put insider trading accusations in their filing? They wish to wound IDCC and either get them to agree to something substantially less or make them disappear.


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