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Re: None

Sunday, 07/04/2004 7:33:07 AM

Sunday, July 04, 2004 7:33:07 AM

Post# of 432707
Management's selling at this time seems inconsistant with Idcc's business plan. Prospective licensees are holding back because of uncertainty about the outcome of the arbitration with Nokia. By selling now, Idcc management is signalling that they too are uncertain about the results of this arbitration. This will discourage at least some of the prospective licensees from signing up until after the arbitration is resolved. This could put pressure on Idcc to settle the arbitration on less favorable terms before the panel makes its decision.
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