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Jim,
I'd hate to see you go. I really appreciate all that you've done to bring this group together.
Start a new board and share the responsibility of maintianing it with others.
This one is getting too much like Yahoo!
Thanks,
Jeff
Yeah, right. And I just voted my 1 MILLLLLLLLLLLLION shares as: Don't really give a hoot.
On Briefing.com, the entry right after IDCC is ATRS. They've heard the same rumor about that compnay and it's stock took a big dive this morning, but recoverd. It would be very interesting to know who this accounting research firm is. ARTS also has had a nice run up over the last several months.
09:47 ET Hearing that IDCC weakness tied to concerns raised by accounting research firm 24.37 -0.47:
09:45 ET Hearing that ATRS weakness tied to comments by accounting research firm 15.81 -0.88:
http://finance.yahoo.com/q?d=c&c=idcc&k=c1&t=1d&s=atrs&a=v&p=s&l=on&...
From Key Developments on MSN Money:
April 01, 2003
InterDigital Communications Corporation shares fell after Dow Jones reported that filings continued to show top executives cashed in options as the stock advanced to a 52-week high near the end of March.
March 17, 2003
InterDigital Communications Corporation, along with its subsidiary InterDigital Technology Corporation (ITC), and Ericsson announced a settlement ending the companies' long-standing patent infringement litigation. Under the settlement agreement, the companies have entered into a non-exclusive, worldwide, royalty-bearing license agreement covering all of ITC's patents for GSM, TDMA (D-AMPS), GPRS, EDGE and PDC. Additionally, all claims asserted in the patent infringement litigation are dismissed. In exchange, Ericsson will make an annual payment of a limited fixed amount through 2006 for sales of covered infrastructure equipment. The agreements cover both past and future sales of the relevant products. At the same time, Sony Ericsson and ITC have entered into a similar license agreement concerning handsets, under which Sony Ericsson will pay royalties to ITC through 2006. For sales through December 2002, Ericsson and Sony Ericsson will pay ITC approximately $34 million. For the years 2003 through 2006, Ericsson will pay ITC an annual fee of $6 million for sales of infrastructure equipment. Sony Ericsson will, for the years 2003 through 2006, pay a royalty on each licensed product sold.
March 14, 2003
InterDigital Communications Corporation announced revised revenue and earnings for the fourth quarter and year-ended December 31, 2002. The revision results from the recognition of higher royalties from certain licensees whose royalty reports were received after the Company released its financial results on February 11, 2003. The Company reported revised fourth quarter 2002 revenue, net income and earnings per share of $27.1 million, $5.7 million, and $0.10 per share (diluted), respectively. The Company previously reported fourth quarter 2002 revenue of $25.2 million, net income of $4.0 million, and earnings per share of $0.07 (diluted). For the full year 2002, the Company reported revised revenue, net income and earnings per share of $87.9 million, $2.4 million, and $0.04 per share (diluted), respectively. Previously, the Company reported revenue of $86.0 million, net income of $0.7 million, and $0.01 per share (diluted) for the full year 2002. In accordance with the Company's revenue recognition policy, royalty revenues are accrued when reasonable estimates can be made and other revenue recognition requirements are met. When the Company's licensees submit royalty reports for which the Company accrued revenues based on estimates, the Company adjusts revenues in the period in which the reports are received if the Company's 10-Q or 10-K has already been filed with the SEC.
February 18, 2003
Infineon Technologies AG announced a complete UMTS handset solution at the 3GSM World Congress in Cannes. This solution facilitates the transition from today's GSM mobile phones to multimode 3G handsets. It supports 384 kbps data transfer as well as high-speed data transfer via EDGE, which many operators are considering as part of the evolution to 3G. The FP1-Ux called platform is the result of a joint development with US based companies Zyray Wireless and InterDigital Communications Corporation, in conjunction with Infineon wholly owned subsidiaries Comneon and Danish Wireless Design.
December 26, 2002
InterDigital Communications Corporation announced that the International Chamber of Commerce (ICC), International Court of Arbitration (ICA) has rendered a decision in the arbitration proceedings between InterDigital's subsidiary, InterDigital Technology Corporation (ITC) and Samsung Electronics Co., Ltd. (Samsung). Under the terms of the ICC decision, Samsung's prior royalty credit of $18.7 million ($11.5 million of which had previously been recognized as revenue by InterDigital) will be reduced to $6.7 million to account for royalties due on sales of licensed TDMA products up through December 31, 2001. As a result of the ICC decision, InterDigital expects to recognize approximately $0.5 million of revenue in the fourth quarter 2002 related to Samsung's royalty obligations through December 31, 2001. Also, pursuant to Samsung's election regarding the Nokia patent license agreement under its MFL rights, Samsung's royalty obligations (against which the $6.7 million credit would apply) for sales of 2G and 2.5G TDMA wireless communications products commencing January 1, 2002 will be determined in accordance with the terms of the Nokia patent license agreement.
December 16, 2002
InterDigital Communications Corporation announced that its subsidiary, InterDigital Technology Corporation (ITC), and a subsidiary of Hop-On, a developer of disposable and fully recyclable cell phones, have entered into a royalty-bearing license agreement covering Hop-On's manufacture and sale of wireless communications products compliant with TDMA 2G and multiple 3G standards. Under the agreement, ITC has granted Hop-On a worldwide, non-exclusive license under InterDigital's patents to develop, manufacture and sell wireless devices built to Second Generation (2G and 2.5G) TDMA standards, including IS-54/136, GSM, GPRS, EDGE and others; and all Third Generation (3G) standards, including FDD and TDD for WCDMA, TD-SCDMA, and CDMA2000. Under the terms of the agreement, ITC will receive a royalty on each licensed product sold by Hop-On.
November 12, 2002
InterDigital Communications Corporation announced that it will achieve year-over-year revenue growth in 2002 of close to 40%. The Company reported 2001 revenues of $52.6 million. Wall Street analysts on average are expecting the Company to post revenues of $88.7 million in the full year 2002, according to Multex.
November 11, 2002
InterDigital Communications Corporation announced that its IPR Holdings Delaware, Inc. wholly owned subsidiary has acquired exclusive licensing rights to certain patents and patent applications held by Tantivy Communications, Inc. The portion of the Tantivy patent portfolio covered by the exclusive license includes over 200 patents and patent applications issued or filed worldwide. Among the inventions covered by the patents are techniques for enabling switching efficiency and managing system capacity. As a result of the transaction, InterDigital also will have a non-exclusive license to utilize Tantivy's smart antenna patents in the Company's TDD products. Under the terms of the agreement, Tantivy will receive $1.5 million in three installments. Initial installment payments totaling $1.05 million were paid following execution of the agreement. An additional payment of $450,000 is due to be paid in the first quarter of 2003.
November 01, 2002
InterDigital Communications Corporation announced that it now expects that full year 2002 revenues will be close to 40% higher than that reported in 2001. InterDigital also indicated that it expects to report revenues for the third quarter 2002 of approximately $14.7 million. The updated guidance is based on improved visibility into projections of handset sales by a key licensee. According to Multex, analysts expected the Company to report third quarter revenues of $18 million and full year 2002 revenues of $94.7 million. The Company did not provide a reason for its apparent third quarter revenue shortfall.
August 06, 2002
InterDigital Communications Corporation announced that based on its estimated ranges of expected recurring royalties, the Company is optimistic that it will achieve 30% to 40% revenue growth in 2002. The Company previously expected revenue growth for 2002 to range between 10% and 20%. Wall Street analysts on average were expecting the Company to post revenues of $67.7 million in the same period, according to Multex.
May 08, 2002
InterDigital Communications Corporation announced that based on expected royalties from current licensees and planned expenses, the Company is optimistic that it will achieve both revenue growth in 2002 at the upper end of its previously stated target of 10% to 20% and near breakeven cash flow for the year. The Company reported 2001 revenues of $64.6 million. Wall Street analysts on average are expecting the Company to post revenues of $64.6 million in the same period, according to Multex.
March 05, 2002
InterDigital Communications Corporation announced the establishment of a research partnership with Virginia Polytechnic Institute and State University, popularly known as Virginia Tech, and its Center for Wireless Telecommunications (CWT). As part of the relationship, InterDigital will sponsor and help guide research on Cognitive Radio Models for Wireless Systems under the direction of Dr. Charles Bostian, Professor of Electrical and Computer Engineering at Virginia Tech.
February 21, 2002
InterDigital Communications Corporation introduced its Frequency Division Duplex (FDD) technology software product for 3G mobile devices. The new FDD Layer 2/3 software protocol stack is portable to multiple physical layer (Layer 1) implementations and can act as the communications engine for a wide range of 3G mobile devices. It integrates seamlessly with existing GSM/GPRS software and hardware, thus enabling the development and deployment of multi-mode 3G handsets while providing a stable migration path from the customer's existing GSM platform to 3G.
February 14, 2002
InterDigital Communications Corporation announced that based on expected recurring royalties, currently planned expenses and its ongoing licensing activities, the Company remains cautiously optimistic that it can grow revenues 10% - 20% in 2002. The Company is also targeting slightly negative to breakeven cash flow for the year. The Company reported full year 2001 revenues of $52.6 million.
January 16, 2002
InterDigital Communications Corporation announced that its subsidiary, InterDigital Technology Corporation (ITC), has entered into a royalty-bearing license agreement with NEC Corporation of Japan for sales of wireless products compliant with all Third Generation (3G) and narrowband CDMA standards. The Company concurrently reached an amicable settlement of its Second Generation (2G) patent licensing dispute with NEC in connection with a 1995 license agreement. Under the 3G agreement, ITC will receive a royalty on each licensed product sold by NEC. The licensed products include infrastructure, terminal units, communication cards and other mobile devices compliant with Third Generation and narrowband CDMA standards. NEC will pay ITC an advance royalty of $19.5 million. Once that advance is exhausted, NEC will be obligated to pay additional recurring royalties to ITC as it sells licensed products. In addition, NEC and ITC agreed to settle the outstanding 1995 2G TDMA license agreement dispute for the payment by NEC of $53 million to ITC. The $53 million is in addition to the royalty advance previously paid by NEC under the 1995 agreement.
January 15, 2002
InterDigital Communications Corporation announced that its subsidiary, InterDigital Technology Corporation, has expanded its worldwide royalty-bearing patent license with Japan Radio Co., Ltd. to include Narrowband CDMA and 3G products. The new agreement expands license coverage to include wireless devices, whether fixed or mobile, and infrastructure equipment, built to GSM, Narrowband CDMA (including the IS-95 and CDMAOne technology specifications) and all 3G standards, including both FDD and TDD for W-CDMA, as well as TDMA based specifications.
October 24, 2001
InterDigital Communications Corporation announced that it has established a research partnership with McGill University's Electrical and Computer Engineering Department. Under the relationship, InterDigital will fund and guide the research of technical approaches to improve the efficiency of wireless networks that carry multi-media services. Such technical solutions will play an important part in the deployment of third generation (3G) wireless systems.
October 18, 2001
InterDigital Communications Corporation unveiled its Wideband Code Division Multiple Access (WCDMA) Wideband Time Division Duplex (WTDD) technology platform design for Third Generation (3G) wireless products. WTDD, an integral component of the 3G UMTS standard, is the most effective technology to enable rich applications in the full range of 3G products. When coupled with WCDMA Frequency Division Duplex (FDD), WTDD technology delivers the complete 3G WCDMA solution.
October 15, 2001
InterDigital Communications Corporation announced that it expects to report third quarter 2001 earnings that will be approximately in line with the most conservative market expectations, even as the accounting treatment for the Nokia contract changes. As of October 12, 2001, analysts' estimates for the Company's third quarter 2001 results ranged from a loss of $0.06 to $0.09 per share. InterDigital announced that it has reached agreement with Nokia to increase the funding of the Wideband CDMA (WCDMA) technology development program, which was initiated in February 1999. The companies are continuing the development and validation of the fully standards compliant Wideband Time Division Duplex (WTDD) technology InterDigital is developing for Nokia, its initial customer. The funding from Nokia for the technology development program has been increased to a maximum of approximately $58 million, up from the original estimate of approximately $40 million.
September 04, 2001
InterDigital Communications Corporation announced that its subsidiary, InterDigital Technology Corporation (ITC), has entered into a worldwide royalty-bearing patent license with electronics company Sharp Corporation. The agreement covers wireless handsets, modules and communications cards built to GSM, GPRS, IS-95 (including the CDMAOne and HDR technology specifications) and 3G standards, including both CDMA and TDMA based specifications. Under the agreement, ITC will receive a royalty on each licensed product sold by Sharp. Sharp has paid ITC an advance royalty and, once that advance is exhausted, will pay additional recurring royalties to InterDigital as it sells licensed products.
April 03, 2001
InterDigital Communications Corporation announced that its subsidiary, InterDigital Technology Corporation (ITC), has entered into a worldwide royalty-bearing CDMA patent license with Matsushita Communications Industrial Co., Ltd., of Japan. The agreement covers wireless terminals, infrastructure products and test products compliant with CDMA-based standards sold by Matsushita under Panasonic and other brand names. Under the agreement, ITC will receive an initial multi-million dollar payment for royalties Matsushita will be obligated to pay when it sells products utilizing CDMA inventions under patents issued to InterDigital. After the initial royalty prepayment is exhausted through product sales, Matsushita will pay additional recurring royalties to InterDigital as it sells additional products using InterDigital's patents issued around the world.
April 02, 2001
Infineon Technologies AG and InterDigital Communications Corporation announced a broad long-term strategic partnership to develop enabling software for Third Generation (3G) mobile products. The software will be incorporated into Infineon's standard 3G System-on-a-Chip (SoC) Integrated Circuits (ICs) for mobile terminals sold worldwide. The partnership also involves Infineon's production of custom ASICs to be designed and sold by InterDigital for the infrastructure and specialized terminal markets, incorporating intellectual property from both companies. As part of the agreement, the companies plan to market and license the software as an integral part of Infineon's total system solution offering for UMTS/GPRS dual mode products as well as a stand alone product to 3G equipment producers.
November 20, 2000
InterDigital Communications Corporation announced that its Board of Directors has elected Howard E. Goldberg Chief Executive Officer in place of Mark Gercenstein.
November 02, 2000
InterDigital Communications Corporation announced that it will open an engineering design facility in Montreal, Canada. InterDigital's facility in Montreal will focus on technology development, primarily in the following areas: Application Specific Integrated Circuit (ASIC) Design; Baseband Signal Processing; Systems Engineering; and Software Engineering.
October 23, 2000
InterDigital Communications Corporation announced a summary of its strategy for the next several years. InterDigital's strategy is to develop and bring to market highly-integrated, standards-based solutions for voice and data. The Company intends to leverage its 2G and 3G intellectual property by combining licensing and technology transfer with product offerings and to utilize strategic partnerships to gain market access, production capability and complementary technologies.
October 11, 2000
InterDigital Communications Corporation announced that it plans to expand its UMTS product portfolio to serve the third generation (3G) wireless market. In addition to continuing to develop system on a chip (SoC) modems for mobile end user devices, the Company now intends to expand its product portfolio to include base stations modems, radio resource management software as well as other devices targeted at the expansive 3G market. InterDigital expects to bring the products to market throughout the next five years as the 3G market emerges and grows.
June 06, 2000
InterDigital Communications Corporation reported that it is pushing ahead with the concurrent development of FDD (Frequency Division Duplex) and TDD (Time Division Duplex) technologies to meet expected high demand for 3G software and technology from around the world. The Company has dedicated two large teams of engineers to FDD and TDD developments for 3G products. One team is developing TDD technology for Nokia. The other team is developing an FDD 3G ASIC and, with a semi-conductor partner, plans to market a true 3G, full bandwidth, high speed (384 kbps and up) system on a chip design solution in 2001.
May 08, 2000
InterDigital Communications Corporation announced that its subsidiary InterDigital Technology Corporation has entered into a worldwide, royalty-bearing TDMA patent license agreement with UbiNetics Ltd. UbiNetics is a product development subsidiary of the PA Consulting Group of London, England, a consulting organization.
April 26, 2000
Interdigital Communications Corporation announced the Company has been delisted from the American Stock Exchange under the symbol "IDC". The stock began trading on the Nasdaq National Market system under the symbol "IDCC".
April 17, 2000
InterDigital Communications Corporation announced that Mark Gercenstein was appointed Chief Executive Officer.
March 03, 2000
International Datacasting Corporation announced that it has expanded its Ottawa facilities by 12,000 square feet, a 50% increase in space. The expanded space will house additional manufacturing, system integration and new datacasting service related operations.
September 14, 1999
InterDigital Communications Corporation announced that it has expanded its development of third generation (3G) telecommunications technology to include a commercial "system on a chip" utilizing Frequency Division Duplex (FDD) technology. The new system on a chip is being designed so that it can be embedded into advanced wireless products for 3G applications. It will provide high-quality voice transmission, along with high speed wireless Internet access and multimedia imaging.
Can someone post the briefing.com news from this morning or tell us where to read it.
Mickey, what I'm saying is that the cost of people, especially in IDCC's case, is their biggest expense and liability. Yet, their people are their biggest asset. If you use options to retain great people, it is a great strategy.
I wouldhn't care if IDCC paid their empoyees more than marekt rate and gave them options. Options, grated over a period of time are a great way to give people incentive to stay and develop. Replacing great employees takes up to 18 months before they can work at a productive level in a highly technical field.
I wouldn't want to loose that kind of market advantage because the company wasn't willing to make some golden handcuffs for its great employees.
Options are usually granted with right the exercise them in small increments over a long period of time. This is to keep employees at the company, if the company is successful.
All I was saying is, "If the company uses the options in lieu of higher pay, how much money are they saving in current cash outlays? You can’t even begin to claim dilution unless you calculated how much cash you save by paying lower salary and giving more options." Does anyone really know how much IDCC pays its employees?
All this talk about options. You could have worked at IDCC for 10 years and made nothing on stock options because the stock price did nothing and went down and went sideway for a very long time. Now, those options are worth something, if they haven't expired. Microsoft, for example, expires their options after 7 or 10 years. So, if the company's done poorly, you lose you options to boot. It's a risk for both parties.
All I'm saying is that a company has to be successful for options to be worth anything. So, if anyone is claiming dillution. It's not so easy to calculate without knowing more of the details.
All in all, options are still a good thing. Is IDCC excessive? I don't know. Like you pointed out, we don't know how much IDCC pays their employees, other than the senior executives. At some point, you have to trust the company. Often it's too late before shareholders know anything. But, so far, the company has gained my trust. They are consertative in their accounting and pr. They don't overestimate the market place or their place in it. They put out milestones, but they don't control the marketplace. They play their cards close to their chest, and in this busienss, you have to. Unfortunately, that means that shareholders don't always get all the news. I'm okay without that kind of visibility. I'd do the same if my business was all about Intelectual Property. And since IP is made by people, you have to take care of your people and options is a great way to do that.
The cost of people, especially in IDCC's case, is their biggest expense and liability. Yet, their people are their biggest asset. If you use options to retain great people, it is a great strategy.
Options are usually granted with right the exercise them in small increments over a long period of time. This is to keep employees at the company, if the company is successful.
If the company uses the options in lieu of higher pay, how much money are they saving in current cash outlays? You can’t even begin to claim dilution unless you calculated how much cash you save by paying lower salary and giving more options.
You could have worked at IDCC for 10 years and made nothing on stock options because the stock price did nothing for soooooooo long. That maybe why some longs are pissed. Some of them have been with the company long after many employees have come and gone. Most of those employees left their stock options with the company when they left, because the options were worthless when they left. Yet, these longs have not left the company, yet their holding stock that still hasn't given them a decent return after 10 years.
Employees take a risk to work for less cash becasue the options they are granted may be worth nothing.
You have to mitigate total compensation against employee retention, cash assets, future stock price and incentive to keep your most valuable asset. How long do you think it takes to train a new engineer at IDCC? How much is it worth to keep that person, who develops patents at his or her job? HOW frickin much? And in an environment when most stocks have gone down or sideways or closed their doors.
A company has to be successful for options to be worth anything.
The company risk little by granting options and gains alot.
Personally, I think stock options are an effective way to retain great employees and pay those employees less salary so that the company can retain the hard cold asset of cash.
Ever since we moved over to this ihub board, the board has gotten more and more like Yahoo.
Where's the DD, the research, the speculation, the news briefs.
I've counted on this board to be the best source of information possible on IDCC. It's made me more educated than the analysts.
Now, I come here and I've got to really look to find the good information. It's like one in 25 posts has something valuable in it.
To discuss the optoin issue, why not start another board. The bickering is bringing this board to it's knees.
A PE of 60. 27.00 / .45 gives a PE of 60.
Anyone know who owns the patent for WiFi?
mschere. what does mram have to do with idcc ipr. i've never seen protocol stacks embedded into dram or other ram or fdd, tdd ipr into basic memory chips. why would you draw such a conclusion between infineon and ibm work in memeory chips?
maybe i'm missing something. always on technology is great but i think an air interface stack isn't tied at the hip to new ram technology.
Push-to-Talk
By Lynnette Luna
April 10, 2003
Nextel is steadily increasing its market share, posts industry-leading ARPUs and records the lowest churn in the wireless sector, because it can offer the only truly differentiated product: a device that integrates a mobile-phone and two-way radio . . .
Full Article: http://wireless.newsfactor.com/perl/story/21238.html
DoCoMo Wraps a Cell Phone Around Your Wrist
http://story.news.yahoo.com/news?tmpl=story&ncid=1211&e=5&cid=75&u=/nf/20030410/tc_n...
Jay Wrolstad, Wireless.NewsFactor.com
So, how small do we really want to go? NTT DoCoMo (NYSE: DCM - news) believes the world -- or at least Japan -- is ready for a wristwatch-style mobile phone. The company is taking orders for the Wristomo, a device that packs a number of advanced functions into a compact gadget.
Manufactured by Japanese watch manufacturer Seiko, the Wristomo opens up into a functional handset when buttons on either side of the watch face are pressed. In true Dick Tracy fashion, users can make and receive calls by speaking into it while it is worn on the wrist, or they can remove it and hold it closer to the head like a conventional cell phone.
Full-Featured Device
Wristomo also provides e-mail access and can surf the Web at speeds approaching 64 kbps using mobile Internet services, including DoCoMo (news - web sites)'s popular i-mode offering. The watch phone supports location-based offerings from the carrier as well.
An information synchronization feature, including a link with Microsoft (Nasdaq: MSFT - news) Outlook, exchanges information with a PC. When stored data is exchanged, either device is automatically updated via the mobile Internet or an optional cable accessory.
Rather than relying on traditional wireless networks, Wristomo operates on the personal handyphone system (PHS) -- a digital cordless phone system offered in Japan -- which enables handset use outside the home or office, including in public areas where antennas have been deployed.
Tailored for Japan's Market
Hiroko Morinaga, a spokesperson for NTT DoCoMo USA, said the company has set its sights on young adults -- typically early adopters of new technologies -- in marketing the Wristomo. "Since our competitors in Japan don't provide the similar terminals, we believe that we will meet our target, and the product will create new customer demands in the PHS market," she told NewsFactor.
As for its specs, the gray metallic, waterproof Wristomo measures 171.5 by 40.4 by 18.5 millimeters and weighs 113 grams. It offers 120 minutes of continuous talk time, or 200 minutes in standby mode.
No price tag has been set, said Morinaga, adding that the Wristomo will be available only in Japan. It will be launched in a limited edition of 500 handsets in the coming weeks.
Limited Appeal?
Similar watch phones also have been introduced by Korea-based manufacturers Samsung and Telson, with Samsung recently unveiling a model that operates on the global GSM/GPRS wireless network standard. It will go on sale in Europe later this year.
With advances in nanotechnology and system-on-a-chip integration, we can expect to see more of these types of innovative wireless communications devices, said Yankee Group analyst John Jackson. But, he added, they are little more than novelty items.
"Handset technology is finding its way into more consumer devices," Jackson told NewsFactor. "We have moved beyond the day when companies like Motorola (NYSE: MOT - news) made all of their phones. The handset has become an electronics product, although the watch phone is a techno-geek device with very limited appeal."
Report. Please sent to cmss@attbi.com
Many Thanks.
DD,
When you say, "Management wants the stock up more than we do since they have a lot more to gain by a rise in share price than almost everyone on this board due to their equity and options holdings"
If they wanted this stock up so much, and think it will go up so much, why do they sell such large amounts of their own options? If this is the best investment for them and for their own money, why take so much off the table.
I'm long on this stock and I have a significatnt amount invested, but when I see Officers of the company selling so many shares, I have to wonder if you and I have more confidence in IDCC than its own management.
I haven't sold a share of my investment. In fact, I've added. But when I see so many insiders selling so many shares, it has to give every long on this board pause.
When you make wild statements like that, the actions of management seen to say something else entirely.
A prudent amount of sales seem acceptable, but 88,000 shares and 40,000 shares seems excessive and seems to show a lack of confidence in IDCC as a good place to invest their own money, IMHO.
Bill,
When you make north of 300K, you got plenty of money not to worry about diversifying. If you were an insider, and you had that salary, would you really sell if you thought your company was really in a much, much better position than it was just 3 months ago? And your future was really that bright?
Howard Goldberg gets paid $721K not including options selling
Charles Tilden gets paid 335K
Alain Briancon gets paid 416K
If I thought the price would go up and I made that kind of money, I wouldn't be selling my shares. That info is from Yahoo, so I'm not sure how accurate it is.
I'm greedy like others. And 88K shares is alot, but if the stock price is going up, why sell when you alrady make so much money as it is.
Has anyone got an explination from IR about this excess? Has anyone here ever asked the question?
On Page 18 - a table of all IDCC licenses.
http://www.sec.gov/Archives/edgar/data/354913/000095010903001933/d10k.htm
Samsung Pressure Gives Motorola Insomnia
http://story.news.yahoo.com/news?tmpl=story&ncid=581&e=5&cid=581&u=/nm/20030119/tc_n...
What relationship do we have with Samsung?
By Yukari Iwatani
CHICAGO (Reuters) - If executives at the world's second-largest mobile phone maker, Motorola Inc. (NYSE:MOT - news), are having trouble sleeping, it could be because they are getting a wake-up call from Samsung Electronics Co. Ltd. (05930.KS).
The South Korean cell phone maker is known for the aggressive ways in which it gains and keeps contracts.
Last year it flew 400 engineers halfway around the world from Korea to Kansas, where they worked round-the-clock with colleagues back home to produce a new phone for U.S. wireless telephone operator Sprint PCS Group (NYSE:PCS - news).
That kind of determination has helped Samsung double its market share in two years, overtaking both Germany's Siemens AG (news - web sites) (SIEGn.DE) and Sony Ericsson (news - web sites) (ERICb.ST)(6758.T). The Korean handset maker vaulted into the world's No. 3 position in 2002 from No. 6 in 2000, and is now knocking on the doors of market leaders Nokia (news - web sites) (NOK1V.HE) and Motorola.
Wireless industry analysts expect Samsung to boost its global share to 15 percent by 2004 from 10.6 percent at the end of last year's third quarter. At that rate it could overtake Motorola, which according to Gartner Dataquest had 14.4 percent market share at the end of the same period.
"It's got to be very unsettling because Motorola doesn't want history to repeat itself," said independent telecommunications analyst Jeff Kagan, referring to Motorola's loss of the No. 1 spot to Nokia about four years ago.
Considered an irrelevant player in the 1980s, Samsung jump-started its mobile phone unit in 1997 when South Korea (news - web sites) adopted Code Division Multiple Access (CDMA (news - web sites)) technology.
The company rapidly gained share in its home country as well as in the United States, helped largely by a combination of innovative designs, cutting-edge technology and aggressive marketing.
Among its successes, Samsung was first to launch phones with voice-activated dialing, offer Web browsing capabilities and incorporate global positioning system (news - web sites) technology to allow emergency workers to pinpoint a caller's location.
Analysts recently gave Motorola's first batch of 2003 phones a lukewarm reception, criticizing the company's tardiness in introducing such features as color screens and integrated cameras.
Bob. While you're at it, allow the admin to exclude posters. If some people are willing to pay for this service to be on this board, you need to make this a better sandbox. Send people to the principal's office never to return.
On the Ragaging Bull board Jim used to suspend people or ban them. Why not now. Baiting people. Getting off target. Being a smart ass. I was happier with the old board. I don't want to pay any money for this service. I'm more of a lurker than a talker, but I know someone full of air and I know that Raging Bull allowed the ignore feature for free and they allowed you to do so many other things that this board doesn't allow. I'm glad Jim got the $1,000. Now can we police the board and silence the distractions. Use discretion. I guess this is a 'private' members only board with some rules for behaving. Other wise this board will turn out like the Yahoo board and I'll leave. Too much noise.
If people like loop leave, I'm soon to follow.
Ignore ought to work on the free site. Or, I come becasue JimLu can make this a great board and kick off the distractions.
Jim. Please do your job and kick these guys off.
I want to thank everyone for their great DD and the great insights I get about this company. This board is where I got my insights and where I do most of my DD. I decided to invest long term in IDCC because of Bill’s Website and this board. Even if IDCC doesn't win against ERICY, I think the 3G IP is where the play is on this company. But a 2G win will validate so many things and bring justice to the company that invented TDMA. It is a shame that cheating is part of the cost of doing business. Had they been paid for their work, IDCC would be more valuable than QCOM today. But, I wouldn't have had the opportunity to invest at this cheap price. I have to say that this is the best group of people and the best board I've ever been on. I switched over from the Raging Bull Board and I'm glad that everyone is now here.
I'm going to be the devil's advocate here for a moment because two things come to mind.
1. If NOKIA has a Not to Exceed Clause or Most Favored Rate clause in their contract, wouldn't the MOT outcome invalidate any kind of licensing that IDCC would get from another company such as NOKIA? Since MOT pays nothing and won their court case against IDCC, why would any Most Favored Rate clause apply to any company? Because of this, I'm not so sure that NOKIA is waiting for an ERICY outcome to pay their royalty rate. But it’s also because of this that I wonder why any company with that clause in their contract with IDCC pays IDCC.
2. What argument do the board attorneys think that F&J will use to refute the MOT outcome? To me that seem to be be one of their biggest hurdles.