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

To: hedgefund who wrote (62030)	4/5/2007 11:38:32 AM
From: Dash of Reality	Read Replies (2) \| Respond to of 197028

Nokia has blinked I agree. By first stating a couple of weeks ago that Qualcomm IP has been fully paid and now offering $20 million for thier IP they must recognize that the day of reckoning is at hand. I'm fairly confident that Qualcomm will file for an immediate injunction against Nokia early next week. Nokia has got to be fairly uncomfortable at the thought. The pressure seems to be getting to Nokia more than Qualcomm. Instead of mitigating damages, I believe this offer will actually make Qualcomm's job of proving intentional disregard easier. DoR

To: hedgefund who wrote (62030)	4/5/2007 1:49:48 PM
From: Eric L	Respond to of 197028

"Nokia has blinked." Did they blink or did they wink? ;-) - Eric -

To: hedgefund who wrote (62030)	4/9/2007 10:02:49 PM
From: lml	Read Replies (1) \| Respond to of 197028

I don't think Nokia made the payment to avoid an injunction; I think it paid in an effort to reduce damages.<i/> I agree. I don't think they're unilateral tender of payment of a portion of what is owed, based upon prior performance by the parties, completely insulates them from willful infringement. I think your analysis/conclusion holds a lotta merit given that an injunction is unlikely to issue, & damages will be trebled if & when this matter is adjudicated in a court of law. On the other hand, if this matter is settled b/w the parties, I would suspect damages to be less than if awarded by a court. Either way, NOK is at risk by virtue of their actions to continue to use Q's IP and failure to pay the agreed-upon royalty rates established under the expired licensing agreement. I kinda view NOK's payment as a "buy down" on the full damage award that is likely to be hanging over them for the next 18 months.