Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
ron wrote:

BTW, Psion was the company that originally developed EPOC. I don't believe that the royalty sharing agreement between Psion and the other Symbian partners is public knowledge. Lacking this information, investing in Psion solely based on EPOC revenues would probably be risky.

(according to the psion annual report, all licensees will pay symbian $5 for a mobile phone and $10 for a pda. since psion reports symbian losses on a 'look-through' basis, relative to its ca. 30% stake, presumably it will do the same with earnings. losses are expected to rise in FY2000, due to increased investment.

i assume the royalty agreement applies to the symbian partners, as well as to 3rd party licensees. does that answer your question?

four/five months ago, my 'other' broker, killik, who are very bullish on psion, issued a note saying that the market was then implicitly valuing psion's symbian stake on the basis that symbian would get only 2-3% of the mobile OS market, even though the symbian partners have at present 80% of the mobile phone market between them.)

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.