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Sunday, August 16, 2009 12:30:04 PM
"Nobody likes it, but I just don't see how idcc has any other choice but to do the appeals and if unsuccessful, then go to Deleware or whatever other legal option they may have. Idcc can't walk away from this and I don't think Idcc can accept a 5 or 10 cent deal. This one is going to continue on, I believe."
I, too, believe Nokia's previous offer was am unacceptable lowball. And that next week, they will pull even that as a test of IDCC's will. Nokia wants to see if IDCC is going to blink and start up negotiations again--when Nokia will undoubtedly try and take IDCC to the woodshed OR will IDCC tell Nokia that the next stop is the commission and then if needed Federal Court.
If I'm Nokia, I publish my previous offer if there was one that wasn't a horrible lowball--how do you think IDCC shareholders would react if IDCC just pissed away a $200M+ offer, and wouldn't that put pressure on IDCC to settle for anything approaching $100M now (Obviously Nokia would want some vigorish after IDCC lost with the ALJ)
Overall, I completely agree, that for now it's a choice between IDCC accepting something horrible that would ameoba-like manifest itself into undesirable settlements with future licensees OR go all-in at the commission/court.
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