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Technology Stocks : Nokia (NOK)

NOK 5.935

+1.1%

Nov 21 9:30 AM EST

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To: Puck who wrote (13692)	7/13/2001 1:06:23 PM
From: Eric L	Read Replies (2) of 34857

Puck, << Ericsson ... is standards neutral from a royalty standpoint >> I think that if you drill down on that, you will find that Ericsson is not royalty neutral. Amongst GSM providers their essential IP in WCDMA is considered to be dominant and they will benefit from royalties and cross licensing more than most. Never forget that it was the Ericsson/DoCoMo proposal submission for WCDMA that was the one accepted and it provided initial framework for what has evolved. Nokia was quick to hop on the bandwagon but I have never been convinced that their IP position was all that strong or all that essential. When the ITU forced the issue and made their mandate that Qualcomm and Ericsson settle their differences or forever forgo CDMA, it was not a mandate to Qualcomm, Ericsson AND Nokia. - Eric -

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