InterDigital Inc (IDCC)

[laranger]

Rox.

SAC is not a huge hedgefund. In fact, it's one of the smaller ones.

As I also said on Yahoo, Steven Cohen, who owns SAC, earned almost $500 million last year. He showed a return of 40% or more from 1996 to 2001, and put 50% of that return (before fees) in his already huge pocket.

You don't do that by buying Proctor and Gamble. And, IMO, Cohen doesn't short a stock unless he has a gun which is already loaded with the right bullets.

Aside from Ghost-Writing research reports, one of those bullets is allegedly obtained by spreading a few bucks around to make sure you get information ahead of your competition.

When Ken Grant is interviewed by Real World Trading, you can bet he won't have those four former employees of Gradient by his side.

MO.