InvestorsHub Logo
icon url

loophole73

11/14/03 9:52 PM

#48847 RE: F6 #48846

F6

I agree that nothing in the documents affects the trigger. The MFL clause is another matter altogether. Look in the 10Q filed today and see when the Sony/Ericy royalties begin according to IDCC. Therefore, the reporting provisions contained in the license for the year 2002 do not create additional liabilities under the Ericy/Sony license and the 34.5 million is for past usage prior to 1/1/2003. This is the fight that will take place and it will be up to the arbitrators to straighten this dispute out. Nok paid 31.5 mil for substantially less prior usage than Ericy produced. Nok's claim as to owing nothing is as far fetched as IDCC's claims to it all. Both sides have overstated their positions and this is what makes arbitrators a lot of money. It will still be a win/win for IDCC because we have survived and remain in a great position for 3g which has arrived.

MO
loop
icon url

M6

11/15/03 8:51 PM

#48887 RE: F6 #48846

F6

I'll take Merritt's word also. My only concern is the dust-up in Lynn's courtroom, and any appeals, delay the arbitration.

Nothing sustantive to worry about but hope it does not work as a delaying tactic.