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laranger

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laranger

Re: Learning2vest post# 91725

Wednesday, 01/19/2005 10:31:26 AM

Wednesday, January 19, 2005 10:31:26 AM

Post# of 433021
L2V.

After seeing all the recent legal flack from Nokia, one wonders why they ever signed with IDCC in 1999.

Nokia knew IDCC was nearly bankrupt, and locked in a bitter battle with Ericy, which was slowly draining all of its remaining resources.

So why did they suddenly decide to change the course of IDCC's history with a near-$100 million life preserver, rather than just letting it die on the vine?

Some think that Nokia never thought they'd make it anyhow. But the complex and far ranging agreement was clearly not drafted in haste by a two-bit law firm.

With hundreds of millions now at stake, not to mention Nokia's high-fallutin' reputation, Jorma must be wondering the same thing.





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