InterDigital Inc (IDCC)

[Danny Detail]

BSW ..I don't think anyone can credit those developments entirely to IDCC's engineers and scientists because very smart people tend to do very stupid things to each other without very smart management to keep these inventive types focused on the business plan. If one accepts that premise then one can understand the very high degree of difficulty of the recruitment process after the Motorola loss.

I also don't think anyone can be constructive about IDCC's business plan without understanding how this management team views and uses R&D since R&D will clearly play the crucial role as IDCC completes its turnaround and starts to grow.

I do think it is time to start a new board. We could call it the professional money managers board. I don't have a clue what the hell most of the people on this board are talking about when it comes to the investment decision making process. Actually, I can't even figure out what their investment decision making process is or, more importantly, if they even have one. Maybe we can talk about that tomorrow, but right now I'm off to hit my financial accounting and contract law books from undergraduate school to see if I can return Marchma and Loop the favor for all they taught me today about investing, WS and management.