Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
DD - I agree with you that there are a lot of people that feel Samsung will not follow through. I agree that that is why the price is not in the 30s. I think this will make for an explosive swing to the up side when Samsung does comply.
I don't, however, agree that Sam will balk. I think they know that if they do, Judge L will fry their azzez is the biggest hottest frying pan he can find. It will point directly to disrespect for his seat and that of the USA. L will not go for that at all.
Reminds me of my younger days hang gliding. This looks like more fun. Wish that suit was around when I was a braver soul.
some new faces around this weekend. Think the shorts are anticipating the possibility of a rough ride here this week?
Happy New Year from cold as ice norhtwest Chicagoland area!
Glenny
we are at the top of the trading range that has been recently established. My guess he is now short and will poopoo news that is put out other than bad news.
it will be enough to screw him on his leaps............
good morning scrote. every little guy we sign has a chance of becoming a big fish. HTC, LG, Apple and the like take market share from the gang that refuses to license with us. From small fish come whales. I welcome any fish they catch to the company.
Woohoo!! so this brings what....
another $1k to the bottom line. Stock is really moving in the pre-mkt :)
Merry Christmas to all.
M3 found the tidbit here @ 12:03 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33770654
magillagorilla posted the article here @ 5:36 PM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=33780378
that is the first mention of the article.
Jimlur, there is no time on the article identifying the time the article was released. I believe it was after hours though.
Thanks Loop. here are the hire/fire releases
InterDigital Elects Mark Gercenstein Chief Executive Officer (4-17-2000)
http://findarticles.com/p/articles/mi_m0EIN/is_2000_April_17/ai_61521024
InterDigital Elects Mark Gercenstein Chief Executive Officer
Business Editors/Hi-Tech Writers
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--April 17, 2000
InterDigital Communications Corporation (ASE: IDC) announced today that Mark Gercenstein has been elected Chief Executive Officer and appointed a member of the Company's Board of Directors.
Mr. Gercenstein brings twenty-four years of management experience in marketing, engineering, strategic planning and operations in the telecommunications and aerospace industries to InterDigital.
During his career with Motorola, Iridium, Spar Aerospace, and Bendix Aerospace, he has built businesses, raising billions of dollars of strategic equity participation, run international operations, led global business development and marketing programs and managed thousands of people around the world.
"Mark Gercenstein is a talented, creative executive with deep experience in telecommunications. He has a strong background in marketing and operations management, a solid knowledge of the wireless industry and a track record of building businesses and leading global teams with great effectiveness. We are very pleased to select him as InterDigital's Chief Executive Officer and we are confident he will lead the Company into a new phase of growth as the next generation of wireless technology and products emerges. Mark's strong leadership skills and his focus on executing business plans and building value will complement and further strengthen InterDigital's management team and help to sharpen our strategic focus," said Harry Campagna, Chairman.
"I joined InterDigital because I am excited about the opportunity we have to grow and prosper in the expanding wireless market. We have great technology, an impressive team of people, and we are positioned in the heart of the market. My goal is to build the value of InterDigital significantly in the coming years as the advanced wireless market emerges," stated Mr. Gercenstein.
Mr. Gercenstein comes to InterDigital from Motorola, where he was responsible for the development and implementation of the business model for the newly created Fixed Wireless Systems Group.
He focused on product and marketing planning and licensing strategy for the worldwide wireless broadband access technology market, developing and implementing the market entry and distribution strategy.
He established the business plan and market model for Spectrapoint Wireless, a joint venture between Motorola and Cisco Systems and linked the fixed wireless broadband offering with Motorola's mobile products.
As Senior Vice President of Business Operations for Iridium LLC for six years during the 1990s, he directed the build-up of the business operational capability of the Iridium network, including the 12 gateway ground stations supported by operations facilities around the world. He also led the development and implementation of the international call centers that served the system.
In the early 1990s, he helped develop the business plan and implementation strategy for Iridium, building strategic equity partnerships from across the telecommunications industry and leading the effort to secure regulatory approval and the allocation of radio spectrum in Asia and Eastern Europe.
As Director of International Programs at Motorola during the 1980s, Mr. Gercenstein focused on the aerospace and military markets. He led an international team that developed and marketed new defense products, securing multi-million dollar contracts in Europe and Asia.
He also served as Director of Marketing and Advanced Systems at Spar Aerospace, Ltd., Canada's only aerospace prime contractor, securing $150 million in contracts on the U.S. Space Station program. He began his career in 1975 at Bendix Aerospace, where he served in engineering and marketing assignments.
Mr. Gercenstein holds both a masters degree in industrial management and a bachelors degree in industrial and mechanical engineering from Clarkson University.
InterDigital is creating innovative solutions for mainstream wireless applications which deliver cost and time-to-market advantages for its customers. By leveraging its technology and intellectual property into third generation standards and products, it is maximizing its long-term revenue and earnings opportunities.
InterDigital has a strong portfolio of patented TDMA and CDMA inventions which it licenses worldwide. InterDigital(R) is a trademark of the Company.
More information, including recorded comments from InterDigital's new CEO Mark Gercenstein, is available on InterDigital's website: www.interdigital.com
InterDigital Elects Howard Goldberg Chief Executive Officer to Replace Mark Gercenstein (11-20-2000)
http://findarticles.com/p/articles/mi_m0EIN/is_/ai_67157191
InterDigital Elects Howard Goldberg Chief Executive Officer to Replace Mark Gercenstein
Business Editors/Hi-Tech Writers
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--November 20, 2000
InterDigital Communications Corporation (NASDAQ:IDCC) announced today that its Board of Directors has elected Howard E. Goldberg Chief Executive Officer and a member of InterDigital's Board.
Mr. Goldberg will replace Mark Gercenstein who joined InterDigital as CEO in April 2000. Mr. Gercenstein will no longer serve in any capacity at InterDigital.
During his tenure, Mr. Gercenstein concentrated on refining InterDigital's business plan and on establishing the foundation for new strategic relationships to contribute to InterDigital's long-term growth.
"We thank Mark for his contributions this year and we wish him success in his future endeavors," said Harry Campagna, Chairman. "I am pleased that our Board has selected Howard Goldberg as CEO and expect a seamless transition since Howard has been with InterDigital for seven years. Howard has exhibited strong, effective leadership with InterDigital as President of InterDigital's intellectual property business and as Interim President of the Company. InterDigital's strategy is well conceived and we expect the Company to continue to build momentum and execute its strategy successfully under Howard's leadership."
Mr. Goldberg joined InterDigital in 1993. As President of the Company's intellectual property business, he led the revitalization of InterDigital's patent licensing program, helping to establish a growing recurring revenue base from the Company's worldwide licensees. He has served as Interim President of the Company since September 1999.
Under his leadership, InterDigital began the detailed development of its strategic plan and the expansion of its product development programs, focusing on Wideband CDMA System on a Chip solutions for next generation wireless products.
During his tenure, the Company also contributed significantly to the establishment of third generation wireless standards and declared its position as a holder of essential patents for those standards.
In the mid-1990s, while serving as General Counsel of InterDigital, Mr. Goldberg was a principal architect of the B-CDMA(TM) Alliance, a multi-company strategic partnership dedicated to the development of Wideband CDMA technology and products for voice and high-speed data applications. Mr. Goldberg was also a key contributor to InterDigital's technology development agreement with Nokia.
A graduate of Temple University with a Bachelor of Science degree in accounting, Mr. Goldberg earned his J.D. degree from the University of Florida. He is a Certified Public Accountant and is a member of the Bar Associations of Florida and Pennsylvania.
With a 28-year history creating innovative wireless technologies and products, InterDigital is developing technology and products that drive voice and data communications. The Company is focusing on Wideband CDMA solutions for voice and high speed data applications, including a multi-year technology development project for Nokia.
By leveraging its technology and intellectual property into third generation standards and products, InterDigital is maximizing its long-term revenue and earnings opportunities. InterDigital has a strong portfolio of patented TDMA and CDMA inventions, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com.
InterDigital(R) and B-CDMA(TM) are trademarks of the Company.
This press release contains forward looking statements regarding InterDigital's opportunities and ability to build momentum and exercise its strategies. Such statements are subject to risks and uncertainties.
Actual outcomes could differ materially from those expressed in any such forward looking statement due to a variety of factors including, but not limited to: the 3G market materializing faster than expected and/or on a smaller than expected scale; the 3G market accelerating faster than expected adversely impacting our ability to have technology available at critical market windows; limited or no deployment of Time Division Duplex (TDD) technology; the development of substitute technologies to Frequency Division Duplex (FDD) and TDD; the impact of the need to secure technology and patent licenses to support product sales on incoming patent licensing revenue; an unfavorable decision in the patent litigation between InterDigital Technology Corporation and Ericsson; unanticipated 3G development costs; difficulties or delays related to technology or product development; the ability of competitors, many of whom have broader and deeper resources than us, to develop more attractive technology solutions and products for the 3G market; changes to the 3G standard in a manner that adversely affects the applicability of our patents to the standard; the lack of success in meeting staffing goals; the failure to create the necessary industry partnerships within time to support market entry; failure to successfully negotiate patent licensing agreements or to maintain the validity of key patents; the continuation of our development project with Nokia; and lower than expected 2G patent licensing revenue.
Thank you for not disapointing!
we may never know the real reason he left, but I can guarentee it was not his idea. We had to buy out his contract, so my assumption is he was asked to leave.
sorry about the discrepancy in the time line. Other than that the company still needed the money to stay a float and he was there with a lifeline that was badly needed and the risk was hi. or maybe he thought like we do that with all the patents he can't go wrong. what ever the reason, he made the loan.
more importantly, he has been at the helm and made the decisions that so far, have been spot on.
thanks for the correction on the time line.
I appreciate your retraction. Harry is well compensated, and by golly, I will be too. Harry came into the company when it was basically upside down after it was defeated by Motorola. That defeat was due to a couple of circumstances.
Lawyers for IDCC where not up front on a few facts and most of all, Motorola pulled the apple pie off the window sill and was able to portray IDCC as a foreign company attempting to take $$ away from an American company. no matter that IDCC was an American company, the technology they were supporting was used mainly across the pond.
Harry came in to a company that was just beaten down and had no money and, more importantly, had tarnished credibility. He gave money from his pocket and put it at risk because he saw something good, or he saw an opportunity to jump into a situation where the company was distressed and he could make a buck.
Amazingly, that is why I jumped in when I did. I saw a company that had an incredible product and story that, like Harry, I thought it would not be long before I will capitalize on my investment. I took advantage of the fact that the share price was in the throne. I bot from $23 down to under $5 and have an average of around $7.
we all got into IDCC to make a buck. Some of us took fliers on Options, some on margin, some went short and some got hosed. It all depends on how you, me, or Harry choose to get to that gold ring. I chose to buy and hold, painful as it has been, I have only freaked once and sold some only to buy back with a few more than I sold, but while I was out, greed was in control and I could not live knowing or thinking that I would miss the "big one", because I know IDCC would have the big one, just as I believe Harry believes.
only one CEO that we had has pizzed me off. Greckenstien. He could not keep his head down when the bush wacker was clearing the land. He was short lived and I was very happy with that.
Howard was perfect to take his place. Howard was guarded at a time we needed to keep our heads down. He governed over a very tough time for the company. he kept the coffers as full as he could and tried not to cause trouble for the big boys. he made some mistakes and at a point in time when we needed to stick our head up and announce that we are still alive, he could not do it. His style of driving behind the wide load at 45 MPH for miles had served us well and had come to an end.
Enter William. He had the fur to stick our head up and proclaim here we are and we deserve our money. He was the right person to have at the helm at that time.
Harry made all these decisions.
Thank you Harry
:
It was Harry that led me wrong. Never was my fault.
spoken like a true 60s reformer. I believe YOU and only YOU have responsibility for how YOU spend YOUR money. Unless Harry had a gun to your head. Then I might believe it was not YOUR fault.
I have to agree. I've read 1000s of posts from the other point of view that micky has without any smack down of them even though they print false and misleading or negative hyped opinion. I think Micky has a right to opine all he wants. Lord knows we had to suffer through 10 years of the whiners trash around here.
hope ALL have a Merry Christmas.
interseting observation. in 12/2008 there are $57mm worth of $45 options. in 1/2009 there are $392mm at $45 and above with $129mm at $60. lots o folks expecting the price to be north of $45 with about 50% of those bets for more than $60.
That would explain why the price has remained high for the last 1/2 of the year. For the shorts that do it for a living they are not stupid. they made their money and now are bailing out slowly before the bir ride. some may have decided it is now time to go long. some are on this board and have been for years. I will make my money soon. I will be happy as the shorts.
wow. big drop. Think they know something? LOL
someone bump the juke box. I keep hearing the same passage over and over.
I don't think it has been too bad.
Jan 2008 to present
Nasdaq down 45.34%
Dow down 36.53%
NOK down 64.46%
MOT down 73.37%
GM down 80.51%
IDCC UP 8.43%
I'd rather be in IDCC shoes than those invested in the broad market
This has been one tough year for idcc shareholders.
Ed. you have posted more since Samsung than you did pre Samsung. You get caught with your rodent in the alligators mouth?
that makes the most sense. especially if folks believe the new administration will raise cap gains tax like they promise. They know they can take the gains of 20%, pay the lower tax and reinvest after the first of the year. The price could take off after the new year. I agree with your assessment
Makes sense to sell and take tax loss especially if you feel confident that you have a 30 day window of no news to propel stock upwards. Today's institutional seller(s) will probably be back in early Jan. IMO
I really am not surprised that so many don't believe, mainly because there are so many traders in trouble right now because they did not expect Samsung to sign. Most traders were probably caught short. Seems like so many go short when news is expected because it has been a safe bet in the past. I think it will change now but those that are short need to unwind their mess and hopefully they will be more positive in the future. Hopefully the shorts capitulate on IDCC and go long.
I also find it annoying that so many don't believe management even though everything they have said in the past has been accurate. That is par for the times we live in. Honest companies just don't show up often these days.
Habu, To add since IDCC has added Samsung to their list of licensees that should tell everyone the deal is done and all we are waiting on is Samsung's selection of what payment method they want.
I think probably many are thinking Nokia backed away after IDCC released the news but IDCC didn't add Nokia as a licensee on their site like they did with Samsung.
I agree with the taking out of millions by share holders. I will. I am just tired of reading messages that are obviously from people who are out to cause trouble. (not saying that was your intent, just came off sounding that way)
Arguments today about when a contract is a contract have been blown out of proportion.
Loop stated that the company said, on many occasions over the years, that they will not report an event until the money is received. He gave a good reason for that. But many continue to argue the point, and have even made the assumption that the deal is not done, contradicting what management has said about the deal being complete. Samsung even said they are happy with the deal.
TC has constantly stated that the company will get .37 a unit. recently he added an UPPER limit of 1.00. the company constantly, yesterday most recently, stated that they will receive 1.00-2.00 per device; phone; dog collar; etc.... He continues to keep the .37 bottom line. people here have taken the lower number and used it to spout negative crap as fact in the apple and Samsung deals. He knows nothing more than the rest of us. He was burned by sticking his neck out a few years ago and has since been reporting low on everything, in direct conflict with what the company guides.
It seems no one has listened to what the company is saying, but instead, spouts what they want the rest of us to hear, or more to the point, they spin the negative for their benefit.
Many have been burned in the options and margin game. I feel bad for them, but they should not take it out on me and my investment or the company. The company has not done anything to hurt the shareholder here, quite the contrary, they have increased the shareholder value through buy back and signing licenses with many companies. I don't give a rats azz if it added only a few bucks to the bottom line. adding 5 cents to the bottom line is a positive anyplace I ever worked.
I can make 2 assumptions that I think are pretty safe.
Those that post positive information are likely long the stock and haven't lost a lot of money to options or margin.
Those that constantly make negative post are short the stock or have lost money in one way or another on the stock.
maybe there is the third type of poster - they just want to save me.
sorry if I misinterpreted your post but I think if you read it objectively you will see the negative spin sound it has.
For many years the management, Harry, Howard and others sold shares in our face and took out millions. I want the shareholders to take out millions now. I am sorry if you feel that this is negative crap.....
you need to do some homework before spouting your negative crap. He had nothing to do with MOT.
How much did Howard make after screwing up on MOT
I remember the growth in the PC market. everyone said once there is a computer in 75% of the homes then the market will dry up. But with each improvement in speed and each improvement in software, people upgraded their hardware regularly until the software and hardware dichotomy was balanced. We are seeing the same thing in the wireless market. as speed of the network grows and "gotta have" features continue to be developed, we will see the same pattern with wireless. It took from the late 80s until the early 2000s before the PC market hit a point of decline, some say it has not yet hit that point. We have just started our 20 year cycle about 3 years ago by me estimate. We are very uniquely positioned to fill our pockets with green lint. Anyone who comes to the game from this point on will also enjoy those riches, they just will not know the pain and joy that many here have experienced while riding this bull (and putting up with a lot of bull from the hot money posters) for many years.
Without the appearance of offending anyone, I think tom is guessing and not doing a good job of it. If he listened to what the company said he would come to a different conclusion. If I am wrong I will admit that. Not so sure if that will be reciprocated. Where money is involved, peoples actions can be influenced.
How do you explain than that TC put a max $1 figure per phone (for Samsung)?
He seems to be well informed about the company and also owns shares. CEO says 1.00-2.00$, TC says 0.30-1.00, I'm saying it's exactly $1 :)
Of course I'm talking about only Samsung.
I think it is Infinion and the success of the Apple iphone
revlis: Are you sure it couldn't be Infineon? In their 10-K, IDCC defines "IC" as
“Integrated Circuit.” A multifunction circuit formed in or around a semiconductor base."
This is a very basic description, which would cover a multitude of Infineon's chip products.
3000+ patents issued and nearly 9000 pending. Those 9000 are likely worth something. could it be 3x what the 3000 are worth? 2x? either way 12000 patents can be a force to be reconed with, unless the 9000 are for improvements to windshield wiper blades or some such thing. Naaaa I think we own a cash printing press. glad I bought when i did.
other than the fact it may save a few telephone poles from being struck
yes, re-read your post and you will see
According to Infineon, the LRR3 (Long-Range Radar) systems will feature a range of 250 meters. It will be used to implement predictive radar-based safety functions such as predictive brake assistance systems, collision warning features and automatic emergency braking.
nothing to do with telecom
would you take that $2 puffer in the oval office
I think there are more BS posts of the negative type than the positive variety.
<<No, but presenting pure BS as fact is pretty damning of your credibility.>>
Apparently that doesn't apply to pro-IDCC posters who similarly post BS as fact
Micky - good to see you back! been a long time since seeing you post. hope you make enough to put you back in the 7 digit bank account
WOW the party is over from what I read here. We just had a major win. I can only assume that we have a lot of shorts on this board that need to get out. Either that or some folks just need to select a method from this site
http://www.assatashakur.org/forum/afrikan-wholistic-health/4951-how-give-yourself-somone-else-enema.html?t-4951.html=
Too bad Rommulus can't join in the fun. Saw his alter ego stick his nose under the tent a few post ago but saw warbil quickly smacked his snout and sent him on his way!
My favorite part of the news release? Samsung gets to pick one of two options. To me, this means we wrote the ticket, and you know that can't be bad.
good to see you are still around
And that is the bus I posted about lset week that I hope WM will drive through Sammy's back dock if we win Tuesday.
Based on these clear legal principles applied to the fairness of a rate, I think IDCC could clearly demand a higher rate from Samsung if the ALJ were to rule that the patents are valid and infringed, since Samsung would be in a much different situation from the previous licenses entered into between IDCC and earlier 3G licensees and when offers had been made to Samsung.
If you remember, validation of patents is what preceded the run to 82.
Validation of the patents alone should push the stock over $40-50 in my mind.
Saw the words aquisition and thought 'here we go, they are going to sell the business' then I see that TI is too big for US to aquire.
But he ruled out a deal with either Texas Instruments Inc or privately held Freescale -- which have both said they were looking to sell cellphone chip assets -- saying those units would be too big for InterDigital to buy.