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Re: billy jo post# 95290

Wednesday, 02/16/2005 7:43:41 PM

Wednesday, February 16, 2005 7:43:41 PM

Post# of 433225
Billyjo: I seriously doubt that the speculation is true. I believe the final briefs are due any day and the panel will then begin its deliberation. Further, I certainly would not expect a rate to be determined if ERICY is not a trigger. To set a rate without a trigger would serve no purpose as such a rate would not be binding on any other triggers.

Your second question is one I have debated with my partner for the last year. He believes that if there is never a trigger, Nok will owe us nothing for 2g forever. His rationale is that a contract is a contract and we received consideration for entering into it no matter how stupid that might seem to us on this board.

MO
Ghors
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