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Re: jaykayjones post# 8227

Sunday, 02/09/2003 7:36:31 PM

Sunday, February 09, 2003 7:36:31 PM

Post# of 432690
JKJ - ERICY and SEC

Having a judgment due to infringement from prior periods is not something that would be considered a misstatement of prior financials. If they have made a provision for the contingent liability based on reasonable estimates of probability and amount, they have done what is required. Being wrong in an estimate is not a violation unless it was done intentionally.

On the other side, IDCC (hopefully) has vastly understated it's earnings over the past decade, and that is not an SEC concern either.

To the Dallas 3, my heartfelt thanks and admiration go out to you. It's one thing to take the time and effort to do this great work, but then to take the time to type it up and share it freely with many people you don't know for mutual benefit is quite extraordinary. My hat is off to all of you.



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