anyone who bought puts. Do you just sell the puts and keep the stock or do you let them take the stock? I'm not sure what to do at this point. Any suggestions would be appreciated.
I'm sorry but I view Nokia's PR as much more onerous than some here:
"We believe this initial determination by the ITC combined with earlier UK court decisions provide a strong indication that the asserted value of InterDigital's 3G patent portfolio may have been over-estimated."
I think Nokia is not suggesting at all that they want to negotiate with IDCC rather that the little guy isn't going to be a player in the big boys' games. IDCC may continue to be issued patent after patent, but in the two major cases which have gone to decision (MOT & NOK) IDCC has lost badly in trying to get paid for them. Samsung may be kicking their own ass right now.
I'm afraid Nokia is now telling everybody that IDCC does not have the goods so don't be in any hurry at all to sign or re-sign for 2G or 3G. And don't even think of paying IDCC a living wage for 4G or LTE.
If the big boys band together even more seriously than before against IDCC, I don't see a driver for increasing revenues--and as licenses expire a liklier series of declining quarter over quarter revs.
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