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To: Jordan Levitt who wrote (111887)1/30/2002 9:30:08 AM
From: Art Bechhoefer  Respond to of 152472
 
One more factor to consider regarding margins is that the licensing fees are now spread over seven years, instead of being recorded in a lump sum. Not only will royalties increase greatly (especially from China) but the licensing fees not yet recorded from all the companies making CDMA equipment in China will add considerably to the bottom line.

Art