InterDigital Inc (IDCC)

[laranger]

Mschere.

If Nokia can't get the court to vacate the award, it would appear their arbitration-gamble could well exceed $300 million, before offsets for delays in paying.

Take a crack at these "round number" estimates:

Basic award. $210 million.

Lost discount on "Period #1: $20 million.

Lost discount on "Period #2: $20 million.

Interest (5% P.A.) according to PLA for 2002/2005: (20%) $50 million.

Additional interest assessed (2.5% P.A.) for 2002/2004: $19 million.

Total $319 million.

Total: Lost discounts, interest and additional interest: $109 million.

I'm sure I missed something. But even if Nokia privately concedes that it owed the $210 million, try tacking on several millions more for arbitration fees, fighting the confirmation, and a 13 point drop in the Euro, and we're talkin' some real bucks.