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


To: Eric L who wrote (4933)10/27/2003 5:42:51 PM
From: Gus  Read Replies (1) | Respond to of 5195
 
I'm completely out of this one, Eric, so you may want to confirm the data with someone else.

The TDD engineering contract was increased once after the early 1999 signing, if I remember correctly. The revenue from the TDD engineering contract was recognized on a percentage of completion basis from 1999 to 2001 as detailed in the SEC filings. I think the contract only has $1M left to be paid upon final delivery which appears to be on hold pending the resolution of the arbitration proceedings between Nokia and IDCC.