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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: JGoren who wrote (61881)4/3/2007 2:58:29 AM
From: lml  Read Replies (1) | Respond to of 197314
 
accruing royalties is, from NOK point of view, an argument that it is not intentionally infringing . . . it's all calculated to put pressure on Qcom and create defenses that it owes nothing or at least it has accrued royalty payments so it should not be liable for intentional infringement in the event the nuclear defenses are rejected.

Dunno how convincing accruing of royalties is as a defense to willful infringement. I tend to think that such a reporting tactic by NOK is geared toward having its financials reflect "potential" liabilities offset against buildup of its cash inventory as the result of non-remittance of royalty payments due Q. Probably consistent with GAAP principals.