Tuesday, April 12, 2005 2:28:19 PM
I remembered talking to IR about the rate for the year 2002, he kind of stumbled a little. After I repeat my question, he just said that we should be OK. That was a day after the E/SNE announcement.
In the subseqauent 8K, it was spelled out clearly E/SNE payment for sales prior to 2001, and for year 2002.
At the very least, IDCC management did mess up this announcement. In their initial release, it stated the past due payment covered sales to year 2002; did not specify the breakup of the amount to year 2001 and for the year 2002.
I fault management for this screw up; definitely not a professional job.
In the subseqauent 8K, it was spelled out clearly E/SNE payment for sales prior to 2001, and for year 2002.
At the very least, IDCC management did mess up this announcement. In their initial release, it stated the past due payment covered sales to year 2002; did not specify the breakup of the amount to year 2001 and for the year 2002.
I fault management for this screw up; definitely not a professional job.
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