InterDigital Inc (IDCC)

[GBR]

jmo, but here is what I would do with IDCC going forward.

Start splintering the f@#$% out of the rest of the portfolio in stages so that whatever litigant wishes to hold out would ultimately be left with only the patents in litigation to license. They will then get attacked in every direction from the splintered rest of the portfolio. I would get a well connected tech savvy business oriented CEO to replace Bill Merritt. Bill's tired imo, and IDCC needs a fresh new corporate culture and perception makeover. No more slumped over Street.com interviews. Get somebody excited and energized about the company, somebody that can actually connect with the companies that IDCC is trying to license. This doesn't have to be a boring stuffy company. IDCC keeps a cash hoard because it is supposed to provide them a better negotiating position for licensing. Its supposed to send a message to the holdouts that IDCC can litigate well into the future. But due to the patent environment, politics, etc, sharholders have not seen the benefit of the cash hoard. VHC has $38 million in cash. IDCC should start investing/putting the cash to work imo.

imo, there is a way to unlock value in this company for shareholders through equity partnerships, spinoffs, acquisitions, etc. I think right now is a time where the company could be worth more than what it is with BM running the company as it exists today. I really would like to know where Terry Clontz and the BOD stands right now with the question of what is in the best interest of shareholders.