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Re: laranger post# 11446

Thursday, 02/27/2003 2:34:25 PM

Thursday, February 27, 2003 2:34:25 PM

Post# of 432690
Ranger, don't you think indeed that is the strategy for ERICY in HRS case. As it stands, "A Loss", as it stands what $61 mil, Judge Lynn could theoretically turn it into what, $180 mil. If ERICY & HRS counsel/mgmt continue to talk and whittle it down to say $40 mill if ERICY gives up their right to appeal, I think Judge Lynn would be happy to let them go on their merry way. ERICY doesn't extend their neck that much further ($180 mil), HRS gets their cash NOW, and Judge Lynn looks like she solved another one. Who loses? Would ERICY take the same approach to IDCC with much higher stakes involved? I don't know, it probably comes down to how likely they feel Howard would be to "bargain down" should ERICY lose. Pay me now or maybe pay me later....everyone's a gambler in this game no matter how you look at it.
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