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vg_future

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vg_future

Re: None

Wednesday, 02/19/2003 8:03:51 AM

Wednesday, February 19, 2003 8:03:51 AM

Post# of 432788
To All...Question regarding Nokia payment accrual.

Probably this was discussed here already..if so, please direct me to that post. As per my understanding from the posts on this board, IDCC either will get a one time huge payment or a payment over installments for all the amount due since Jan, 2002 when Nokia and IDCC agree on a rate. How does this payment get recognized for NOK? Do they already have some provisions for this or they have restate their earnings for all the past quarters starting from Jan, 2002? If they restate their earnings and if this back payment is significant, will it be right to say NOK might have to show loss in quarters that they already showed profit for?

Thanks, in advance, for all responses.

-vg_future
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