Nokia is a whale of a licensee
posted on
May 03, 2007 06:49PM
Just my personal opinion here. I have cautioned in the past about getting too whipped up about many of the past licensees but this one seems different to me. This Nokia agreement is likely to be qualitatively larger than the Fujitsu agreement and that settlement sent the share price over $2 just last year. There is no telling how much Nokia paid but it is important to not overlook the significance of the largest mobile phone provider signing up as it gives credence to a huge new market regardless of where the dollar amount comes in. We obviously don't want another disappointment with this stock like the puzzling Sony dollar amount, but this one is sincerely a huge unexpected upside surprise to me. Let's hope the team learned from the Sony letdown and got a substantial number to get Nokia signed. Tomorrow should be fun. GLTA