Do we as shareholders have the right to know whether or not Nokia has offered some amount per phone? If we do,how do we get the information?
Tom Carpenter says: "We are positive on InterDigital’s ability to sign 3G licensing agreements with Nokia, Sony Ericsson, and Motorola (if it remains a viable handset manufacturer). We believe InterDigital’s case against Nokia at the ITC, ultimately results in a settlement. 3G agreements with Nokia, Sony Ericsson, and Motorola could add hundreds of millions of dollars of licensing revenue to InterDigital over a five year period, and this leads us to project InterDigital’s earnings power at over $3.50 per share if it signs Nokia and Sony
Ericsson, and if the licensing terms are structured as fixed payment/ratable deals.
Risks to our Buy rating include:
InterDigital loses its 3G patent infringement case at the ITC against Nokia.
Nokia delays the proceedings at the ITC.
Nokia pays InterDigital less than $0.35 per 3G phone."
Is Carpenter's "positive" based on something he knows or wishful thinking?