Thursday, March 05, 2009 8:14:22 PM
Mick,
<< I don't think they have enough set aside to settle with IDCC let alone the other party. The fact is they are apparently pretty sure they will be settling and they owe or I don't think they would be putting money in reserve for settlement. >>
The provision (related to InterDigital et al has been there ever since the 2G settlement and payment, and prior to that they provisioned for it, and you can backtrack this board to look at the exact wording and provision size in prior 20-F's.
<< The having it in reserve doesn't mean thats all they will pay it only means they have that much presently reserved but can find more if deemed necessary as they did with QCOM if I am not mistaken. >>
Correct. Correct.
Cheers,
- Eric -
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