InvestorsHub Logo
icon url

dndodd

03/05/09 7:03 PM

#252164 RE: Eric #252161

Interesting.

My SWAG is that $600MM-$700MM is for InterDigital.
icon url

mickeybritt

03/05/09 7:40 PM

#252170 RE: Eric #252161

Eric

I don't think they have enough set aside to settle with IDCC let alone the other party. The fact is they are apparently pretty sure they will be settling and they owe or I don't think they would be putting money in reserve for settlement. If you don't owe why would you have reserves for payment? I would have it as operating capital and then be in shock if I lost, but if I knew my rear was in trouble, you betcha I would have it in reserve. The having it in reserve doesn't mean thats all they will pay it only means they have that much presently reserved but can find more if deemed necessary as they did with QCOM if I am not mistaken.

Thanks for the information you provided.

Mickey
icon url

Learning2vest

03/05/09 7:47 PM

#252172 RE: Eric #252161

Nice work and much appreciated Eric.

Now, if we could just get Whizzer to appear and translate the legal stuff...(??), folks like me would have a clue what to expect next in that saga.