Replies to post #267715 on InterDigital Inc (IDCC)

[whizzeresq]

Triangle--The public statement from Nokia is probably designed not to poison the jury pool or as self-serving evidence to be used in some future legal case. IMHO

[gatticaa]

Triangle, i would guess if they settle their share holders would perceive it as a loss (considering the good ruling) and they want to shake that way of thinking. maybe?

[revlis]

triangle,

Nokia tried its best to have IDCC patents declared as
invalid and did not succeed.

Nokia has wounded IDCC but that wound can be healed
and once that happens, Nokia will be facing
a stronger opponent. Nokia knows that.
We will see if Nokia will be reasonable.
IDCC has a bottom line and IDCC should not
go below it.

mo

They respect IP and are willing to pay fair requests.
They reiterate that the idcc patents might have been overestimated but do NOT say that they are invalid or worthless.

They will legally defend teir rights against any "unreasonable demands".

Is this a gesture??

[jeffree]

DJ newswire...


NEW YORK (Dow Jones)--Shares of InterDigital Inc. (IDCC) dropped as much as 29% earlier Monday after losing a key battle against Nokia Corp. (NOK) over mobile-phone technology patents. The wireless-technology developer filed a complaint with the International Trade Commission in August 2007, alleging Nokia engaged in unfair trade practices by selling certain 3G handsets and components that infringe four of InterDigital's U.S. patents. InterDigital said in a release late Friday that a chief administrative law judge found no violation of InterDigital's patents by Nokia, though the patents are "valid and enforceable." "We strongly disagree with the ALJ's determination with respect to infringement, and we will exercise our right to petition to the Commission for a review of the [initial determination]," said President and Chief Executive William J. Merritt. Nokia, meanwhile, said in a release it respects "valid and used" intellectual property rights. "We are willing to compensate other contributors with what is fair and reasonable for such IPR, however in the case of unrealistic and unwarranted demands, we are prepared to ensure through litigation that our rights are protected," said Ilkka Rahnasto, Nokia vice president of legal and intellectual property. "We believe this initial determination by the ITC combined with earlier U.K. court decisions provide a strong indication that the asserted value of InterDigital's 3G patent portfolio may have been over-estimated." A representative from InterDigital wasn't immediately available to comment further, but the company plans to hold a conference call at 2 p.m. EDT. In recent trading, InterDigital shares tumbled 25% to $22.24 after earlier falling as low as $20.86. Shares are down nearly 20% year-to-date. Nokia, meanwhile, slipped 3.9% to $12.52 amid broader market declines.

[dmiller]

This was part of Nokia's release from Friday. This is old news.