Been a long day, finally got back in town. Too long to write too much.
My view, disappointing, but not troubling.
Nokia’s spin, and make no mistake she’s a spin, got to give a A.
Many on this board wanted IDCC to play hardball.
You got your wish, and ya, we are going to get punched back.
2 to 1 huh, you mean the one Nokia picked didn’t go to IDCC, surprise, surprise.
See the wife printed me up a copy of the CC, shorter than expected. Can’t see the reason for the carrot on the elimination of ambiguity with Nokia’s 3g. Not there yet. Looks like Sam lost there discounts, that will work.
What’s Nokia got to say,
One of the three arbitrators presiding over the arbitration issued a lengthy and detailed dissent that raises significant issues regarding the enforceability of the decision. Nokia is currently evaluating its options in light of the dissent
Really, you go Nokia,
Nokia is pleased that all three arbitrators concluded that the royalties being sought by InterDigital were unwarranted and reduced them by more than half.
This is a nice spin, really it is. Face saving type spin. Two questions pop to mind however, if they are pleased from the three then what’s the issue? And does that mean the amount they reduced it to IS warranted? Nokia agents, if your reading oops, B-
Anyway, it's all a game right now.
And this “and will consider the option of moving to vacate or modify the majority decision”
Will they now, just like that, snap your finders and it's done,huh, binding wasn’t it. 2 to 1 wasn’t. 5 mo of review before release. This is almost funny. Ericy triggered, they owe, we presented it to them, they said, noooooooo, we need to go to binding arb. Went there, Arb says they owe, they say nooooooooo, were going to consider our options
First better consider the courts and the ICC. Don’t know what the penalties are, I would think there are some for playing this game along with a chance of losing the prepay discount.
I think what there saying is not going to write a 1/4 billion check out today, need some time to think it over.
It reminds me of a song from a while back with these opening words,
Nowhere to run to baby, nowhere to hide.
I’m sure there are some worried, unhappy people here, have not read the posts to find out who. Not trying to stir up any emotions here, today wasn’t our day, doesn’t mean there won’t be one. Just like fishing up here in the Northland, there is no question she’s now hooked, but it’s a big one, and it take's a little longer to get the big ones into the net.
The key is in hooked, vs. just waiting.
IMO
Anyway time for some sleep.
