InterDigital Inc (IDCC)

[FISH21049]

olddog: I agree with your comment

I don;t know why IDCC is so secretive in their announcements.

Remember the good old days when IDCC (I think Janet Point) would issue a press release about a license agreement:

as posted recently by JimLur
InterDigital Communications (Nasdaq: IDCC) disclosed in an 8-K filint that it entered into a worldwide, non-transferable, non-exclusive, patent license agreement with LG Electronics Inc. (LG). The five-year patent license agreement, effective January 1, 2006, covers the sale, both prior to January 1, 2006 and during the five-year term, of terminal units compliant with all TDMA-based Second Generation (2G) standards (including TIA-136, GSM, GPRS, and EDGE) and all Third Generation (3G) standards (including WCDMA, TD-SCDMA and cdma2000(R) technology and its extensions), and infrastructure compliant with cdma2000(R) technology and its extensions up to a limited threshold amount, under all patents owned by InterDigital prior to and during the term of the license. Under the terms of the patent license agreement, LG is obligated to pay InterDigital three equal installments of $95 million, in the first quarters of 2006, 2007, and 2008, respectively. At the end of the five year term, LG will receive a paid-up license to sell single-mode GSM/GPRS/EDGE terminal units under the patents included under the license.

I find it hard to believe that ALl of our licensees are asking us (IDCC) to keep the terms of their contracts secret!

It sure would make life easier for analysts to project future revenues in asaaessing a valuation to the company.

And, in the annual reports they would list ALL of IDCC'sa licensees, big or small, to showwho is a customer.

I only wish those parts of the olden days would come back. It might put some shareholder's at rest about the growth of the company.

JMO