SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: manalagi who wrote (149215)4/5/2007 12:08:33 PM
From: JeffreyHF  Read Replies (1) | Respond to of 152472
 
I assume the money is being "tendered", but will not be accepted/retained/deposited by Qualcomm - in other words, it will be rejected.



To: manalagi who wrote (149215)4/7/2007 5:46:46 PM
From: lml  Respond to of 152472
 
Q is unlikely to accept payment. Only way Q would accept if NOK would agree in writing that Q's acceptance of such payment does not change anything b/w the parties w/r/t the outstanding dispute. NOK is unlikely to stipulate to anything at this point, so such analysis, IMHO, is a non-starter.

From my view in the bleachers, NOK did what a did to illustrate the underpinning of its position -- that it recognized Q's IP, but that it does not agree to the royalty rates under the existing agreement about to expire. The press release was more important to NOK than the cash.

Now as to whether NOK's action means anything legally, answer is "no, it don't mean jack." JMO.