8-K, Fed Ins Co. The dispute resolution procedure is confusing.
The insurance company wants arbitration; so there must be something in the agreement between them and IDCC about resolving disputes through arbitration.
Yet, IDCC - who says it has a binding agreement with NOK and wants arbitration - goes to court seeking judgments against the insurance company to void their agreement or restrict its scope. It does not seem to want to go to arbitration.
One of my investing books says..."stay away from stocks with unpredictable behaviour". Does anyone think IDCC might be in that category? JK
do the legal prceedings with IDCC ever QUIT...geez now the insurance company wants arbitration...I heard the cafeteria workers want arbitration along with the groundkeepers at the K of P office....IMO somebody is not minding the store in the legal dept....its just getting downright ridiculous. I actually would welcome QCOM buying at $50 to get this thing moved forward, apprently we don't have a big enough stick to get ANYTHING finished, we thought we put ERICY to bed back in March
Just what we need after our recent strength and going into earnings that should have been very good. We just can't get any traction lately to get us back over $18 or even hold the 17's. Even though this filing should not come as a surprise to anyone, barring any positive news in the morning, you can bet that we will drop tomorrow and my guess is that we will be back into the 16's in the AM. The worst thing will be if IDCC is required to accrue this as an expense in which case it will knock any and all potential for a positive quarter out the window. I sure hope I am wrong but I don't see how we don't have a decent selloff in the morning. With the low volume lately any selling pressure will hammer us.
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