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Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?

To: postyle who wrote (4762)	10/29/2002 10:35:02 PM
From: Manx	Read Replies (2) \| Respond to of 5195

Ericsson seems to have lost! ragingbull.lycos.com

To: postyle who wrote (4762)	10/31/2002 1:05:24 PM
From: Eric L	Read Replies (1) \| Respond to of 5195

re: AP on the Harris Award >> Harris Corp. Awarded $61 Million Communications Equipment Maker Harris Corp. Is Awarded $61 Million in Patent Lawsuit Oct. 30, 2002 The Associated Press abcnews.go.com A Texas jury Wednesday awarded Harris Corp. $61 million after finding that Sweden's Telefon AB L.M. Ericsson willfully infringed on a now expired patent for technology that helps regulate signals flowing into cell phones. Harris, which makes communications equipment, said in a statement that it is likely Ericsson will appeal the decision. Harris, based in Melbourne, Fla., noted that the jury's finding of willful conduct allows the judge in the U.S. District Court for the Northern District of Texas to double or triple the jury's award. An Ericsson representative wasn't immediately available to comment on the jury's decision. Harris filed suit against Ericsson in 1988, two years before the patent expired. Harris said the award was based on the royalty rate Harris used in licensing the technology. In 1980, Harris filed for a patent for a combination of hardware and software that helped a mobile phone make sense of digital transmissions. The technology helps a cell phone that receives the same signal at different times, which can occur when one signal is delayed by interference such as a building. Harris, which uses the system in its high-frequency military radio equipment, said mobile phone makers like Nokia Corp. and Mitsubishi Corp. also use the technology. For the fiscal year ended June 28, Harris posted revenue of about $1.88 billion. New York Stock Exchange-listed Harris shares traded Wednesday afternoon at $26.87, up 52 cents, or 2 percent. Ericsson's American Depositary Shares traded Wednesday afternoon at $7.86, up 40 cents, or 5 percent, on the Nasdaq Stock Market. << - Eric -