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glennymo

05/27/05 11:39 AM

#109099 RE: j70k #109098

didnt we have a discussion a few years back that nokia needed a "ruling" of some kind to pay us and if they settled it would have extreme income tax implications?


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mschere

05/27/05 11:43 AM

#109100 RE: j70k #109098

IMO:We will never be privy to the contents of the Arbitration Award..but rather will hear about a IDCC/Nokia Settlement which will include a paid up 2G license, which provides for some $80 Million per year for 5 years, and a new 5 Year 3G license , with some $60 Million in true-up monies..and a cessation of all outstanding litigation. Nokia will expend only $140 Million in 2005 and IDCC's market cap. will increase some 2 1/2 times..

mschere-Give us your best conjecture on settlement vs arb decision and what going to the wire is saying to you. Negotiations are often made as they say on the courthouse steps,and I think this no different-both sides can say they went to the last hour trying to get the best deal for their company.