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Gamco

02/16/07 2:52 PM

#177909 RE: j70k #177907

Sent By: Gamco Date: 2/12/2007 2:19:02 PM

Hi Jerry,

One possible resolution that I have thought for over a year could happen is that QCOM and NOK make a joint venture out of IDCC by buying out the shareholders of IDCC and then proceed to stick it to the remainder of the wireless industry. Just a thought.
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dmiller

02/16/07 2:58 PM

#177910 RE: j70k #177907

Imo..QCOM will NEVER buy IDCC. eom
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jangis

02/16/07 3:31 PM

#177914 RE: j70k #177907

Qcom buying IDCC as part of a negotiation with NOk was something I originally thought was a possibility, but I no longer believe that is an option. Instead what I do think is a possibility is Nok telling Qcom that they will agree to the normal 5% rate, but then Qcom has to deal with the IDCC situation out of their own pocket and that Qcom will have to indemnify Nok as a protection against litigation from IDCC. That way it is up to Qcom to negotiate with IDCC or screw IDCC and pay the legal bills. This is one way for Nok to justify the 5% royalty they will be paying while never having to worry about IDCC again and for Qcom to say to its investors that they can still demand and get the 5% royalty. Both win in this case, well at first. I don't seet this happening either, but I guess it is a possibility.