Sunday, November 23, 2003 6:45:57 PM
GE_Jim, I think that you would agree that your view is 20/20 hindsight.
"I really do feel the Ericy case had a less than reasonable conclusion."
I suspect that most on this board (both traders and LT holders), including me, agree with you. However, nobody on March 17 could have predicted with any certainty that IDCC would be where it is today. Yet, I don't feel mgmnt misled investors. However, now in hindsight, I do believe they should have - and I thought they had - forewarned NOK about their expectations. To hit a major customer with a big claim without a heads-up is foolish, IMO.
On March 17, how many traders shorted IDCC on the basis that NOK would not live up to its contractual obligations? JK
"I really do feel the Ericy case had a less than reasonable conclusion."
I suspect that most on this board (both traders and LT holders), including me, agree with you. However, nobody on March 17 could have predicted with any certainty that IDCC would be where it is today. Yet, I don't feel mgmnt misled investors. However, now in hindsight, I do believe they should have - and I thought they had - forewarned NOK about their expectations. To hit a major customer with a big claim without a heads-up is foolish, IMO.
On March 17, how many traders shorted IDCC on the basis that NOK would not live up to its contractual obligations? JK
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