InvestorsHub Logo
icon url

Clarence

02/28/03 11:44 AM

#11528 RE: ulurider #11521

Ulurider - I too expect March to be a good month. As we draw closer to trial, I expect more money to be bet on IDCC than on ERICY. More and more gamblers (so called "hot money") should push up the price.

I think that we go to trial for a number of reasons. As I said, ERICY's corporate culture is that IPR costs too much. I also believe that ERICY probably believes that any settlement deal that is on the table now will remain there after a trial. In other words, if IDCC would accept $200 - $400 MM plus a deal going forward (don't jump on me for the numbers, it is just an example) today, ERICY probably believes that the same (or a very similar) deal would be available to them even after a jury verdict for $800 - $1000 MM, because they can appeal and get a de novo proceeding from the Court of Appeals. On the other hand, they could walk, like MOT. They may well believe that there is not that much down side to trial.

Either way (settlement or trial) IDCC shareholders will [finally] get paid.