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Friday, December 05, 2003 4:49:44 PM
3G$s...Mr. Merritt will get it done when IDCC is good and ready.
My one fear is that Mr. Merritt is overly concerned with getting licenses done in 2003. I'd rather wait a bit and get the best deal instead of feeling a mandate to act, which could lead to a poorer result. Maybe the folks who were close to agreeing to licenses heard the CC and they decided to try to squeeze IDCC a bit. If that is the case, I'm glad he's being patient.
Remember folks, he did not guarantee anything. He gave his (I believe) honest expectation. He may turn out to be wrong. That does not make him a liar. I'd rather have management be open and tell us what they expect, but if the investing public converts expectations into promises, they will learn to shut up. If they are going to get roasted for being wrong, off on timing or in any way too optimistic, they have no reason to speak and then we can go back to pure tea leaf reading.
If we go months with no new licenses then we do have an issue to address to management, but it has nothing to do with his comments in the CC - it has to do with their business model and their ability to license 3G.
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