Nokia (NOK) Message Board

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Technology Stocks : Nokia (NOK)

NOK 6.180

+0.3%

3:59 PM EST

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To: tero kuittinen who wrote (3912)	3/31/2000 9:21:00 AM
From: Wyätt Gwyön	of 34857

It's the proportion of Nokia and Qualcomm IPR that is in question; not whether Nokia will pay Qualcomm any fees. Nobody disputes Qualcomm's patent rights in W-CDMA products; it's the size that is under debate. Exactly. As a QCOM shareholder, that is a concern to me. I think people take it as a given that there will be no decline in royalty share. One can cite chapter, line and verse going back to the Ericsson settlement. Along with numerous PRs and verbal statements by mgmt. But I am taking a believe-it-when-I-see-it attitude on this one. Since present market cap discounts future cash flows, the certainty of those flows (or the market's fickle take on the certainty) is a critical issue.

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