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Technology Stocks : Nokia (NOK)

NOK 6.070

-1.5%

Dec 5 9:30 AM EST

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To: Martin Atogho who wrote (3920)	3/31/2000 11:20:00 AM
From: Terrapin	Read Replies (1) of 34857

Hi Martin, Could you find and post the relevant portions of the press announcements for those three settlements that state the extent of QCOM's IPR claims? What I mean to say is: Is QCOM the only company that is to receive royalties for WCDMA? I am not asking a loaded question here; I honestly do not know. And while it seems unlikely that QCOM should be the only company to receive royalties I can see how IP is not enough - a company must also be able to assert its claims to the royalties and so far QCOM has shown that it can. There are many other companies making assertions however and WHEN Nokia finds the time appropriate I have no doubt that it will have no problem in this area. Do you think it possible that Nokia will receive any royalties. I do. Thus Tero has the right question going forward: Who will get the largest percentage of WCDMA royalties? I do not think that anybody knows because the answer will be worked out through arduous settements and court cases which will take years. It is interesting that QCOM shareholders believe that Nokia should make public statements to put their minds at ease. The WCDMA IPR issues are not resolved yet. YET. It is happening now and there is a great deal of future cash flow at stake. If you a truly concerned about Nokia then you will allow them to pursue their strategy when they feel it is appropriate. For now they stand to reap wonderful profits on GPRS upgrades. "But that is just near-term," one protests, "I am genuinely worried for Nokia's long-term 3G future!" "Nokia owes me an explanation! How dare they not explain their 3G strategy so that I may invest with more confidence!" sigh I have stirred the pot now and a bunch of QCOM posters are going to bubble to the surface. Look, I don't begrudge QCOM its success. But let's try to wrap up the Nokia/QCOM debates in as few posts as possible so this thread can talk about Nokia. Send me a private message if I have slurred QCOM in any way and I will read it and respond. My apologies to the thread for this rant. This last part wasn't directed at you Martin; I got a little carried away. Good investing, Terrapin

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