Monday, July 01, 2013 10:10:11 AM
AMCJAX: In the Barclay; investor conference Merritt covered the possibility of an ITC loss in relation to the $800 million goal. See highlighted below
So the opportunity for creating environment for settlement we think is pretty strong and that's ultimately what we want to do. Our desire is enter into worldwide agreements with these folks on fair and reasonable terms. That's our obligation pursuant to standards (inaudible) that's what we seek, that's all we seek. And I think that the opportunities that the ITC affords will hopefully lead to that result in the near to mid-term.
So we will see how well that plays out, how it plays into the $800 million goal, it's really a question of is litigation a necessary forcing function to getting agreements done. If it is then positive results in the litigation will do that. If for whatever reasons we do not prevail and when you think about litigation we don't need to win everyone we will just need to win one against someone. But if it were to go against us then it becomes a timing issue. Then you have to restart litigation. So it really drives not the when -- not the if of 800 million, it will drive the when of 800 million.
So the opportunity for creating environment for settlement we think is pretty strong and that's ultimately what we want to do. Our desire is enter into worldwide agreements with these folks on fair and reasonable terms. That's our obligation pursuant to standards (inaudible) that's what we seek, that's all we seek. And I think that the opportunities that the ITC affords will hopefully lead to that result in the near to mid-term.
So we will see how well that plays out, how it plays into the $800 million goal, it's really a question of is litigation a necessary forcing function to getting agreements done. If it is then positive results in the litigation will do that. If for whatever reasons we do not prevail and when you think about litigation we don't need to win everyone we will just need to win one against someone. But if it were to go against us then it becomes a timing issue. Then you have to restart litigation. So it really drives not the when -- not the if of 800 million, it will drive the when of 800 million.
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