Your answer is you have more idiots than people who can read and understand what is happening. Apparently not even fund managers are smart enough to see the hand writting on the wall, and the proclomation by the Samsung attorneys, that even they are happy with the SETTLEMENT, how else can they be happy?
I posted earlier Nokia had no chance in any court anywhere world wide even if Samsung didn't settle. Nokia acknowledged validity of 3G patents in England game set amd match over with them as far as infringing goes.
If the patents was ESSENTIAL IN ENGLAND you damn sure better bet they are ESSENTIAL in Seoul. So go figure why people can't take 2 plus 2 and get the right answer.
Right now the sellers are just giving away the stock. I screwed up in 1999 because I believed all was well and IDCC would license everyone, and I was a millionaire many times over and lost every dime and then some. I have a limited amount of shares now, but I bought March 30 calls today.
What in the hell are people thinking when RIMM is killing the market with sales, Apple the same thing, and now you have the top 2 handset manufactures signing a license, yes Nokia will be signed sooner rather than later, you can't have substantial progress and not get a deal done. The delay was whatever Samsung rate is we get a discount to it. Do people not realize how much just back royalty these 2 alone will owe? How about Motorola and Ericsson, and L.M. Ericsson also back royalty. I do believe that this time IDCC may collect on the base stations as well as hand sets. The bottom line is Merritt proclaimed IDCC was getting $2.00 a handset, and I bet the license agreement is closer to that than what all these idiots want to believe. They have no problem with QCOM getting 5% but think IDCC should be happy with 1/4 or 1% the mentality of people is amazing. IDCC is entitled to just as much as QCOM as IDCC has as our illustrious Howard Goldberg stated the engine and transmission. Now how in hell can the engine and transmission not be worth 5%. I bet you can't buy a car without a engine and transmission and have them put them in and not spend way more than 5%.
If this stock isn't over $50.00 come March I will be shocked. Nokia in my opinion will sign soon, since they now know the Samsung rates, and yes the damn rates are established or their would be no agreement. After all the whole litigation was over rates not infringement as Samsung had zero chance of avoiding infrgingement. They knew that they just wanted to weasel out as long as they could and strike they best dwal. They spent a lot of money on attorney fees, but they had the money in the bank drawing interest or reinvesting making money so maybe they was still a winner in the long run.
Facts are facts and supposition is supposition, and IDCC has given us the facts, its a which damn way are you going to make the payments on going or lump, my opinion.
By the way did I say IDCC IS A SCREAMING BUY?
Mickey
AI
