rmarchma thanks again for all of your hard work and for your contributions to the common body of knowledge available to investors. Many people really appreciate the effort you have made on our behalf, both PAST and present.
I can think of only three arguments that NOK could make at arbitration: 1. The contract with ERICY is a sham. This seems to be a very weak argument. The arbitrator would have to totally disallow IDCC claims and I don't see this happening. 2. The royalty, as established by ERICY is too high. I doubt this argument sways anyone, especially with the discount thrown in and the low rate. 3. NOK shouldn't have to pay for 2002. This is perhaps their best argument but the odds are it won't fly. all IMHO
I am not here to argue whether Nok will prevail or lose. I am merely throwing out reasons that Nok can go to arbitration. We continue to have a tea leaves only menu from KoP. However, to invest banking on Nok being worried about a discount is very risky. That was the purpose of my post. I cannot tell you who will win at arbitration, but I can tell you from experience that nobody will win it all.