InterDigital Inc (IDCC)

[GE_Jim]

While I'm no longer invested in IDCC, I plan to be in the future. I use the word trust with people, not with companies. However let's go with this. Never trusted management of IDCC. If you look at the past history, how could you? Very little communication, {we can't talk about that} and when there is some it's vague and confusing but points to SOMETHING in the future if everything align just right on a Tuesday. Still made a lot of money trading it however. Still could make a lot more if Nok/Sam sign on at the stated figures. But trust I wouldn't trust this management team with anything close to blind faith that you're hinting at. They have made too many mistakes especially with the contracts and their view of time lines {Ericy and Euro sales is a big one, left forgotten} and Nokia, still fooling around 4 years later. How much 2g product do you think was sold during that time? And it's on 3 G now and where are the licenses. How about business goals for 2003? Try and define them and please don't use the words hope and wish! To date the only thing that I could trust this management team with is failure to deliver.

But no matter I certainly don't trust Wall Street either. If fact I don't know anybody who does. And so it goes.