InterDigital Inc (IDCC)

[laranger]

Rusty.

Steven Cohen of SAC is reported to have more than a few enemies.

Beats me why.

We don't know much about his recent success, but he used to make a minimum of 40% return. (1996-2001).

During that period, I believe he had assets of about $4 billion, so making $2 billion before tax ain't peanuts.

He would then take 50% off the top (versus 20%-30% for most others), and his investors then paid the bill for fees and expenses.

Nice work if you can get it. But being on the receiving end of his Shorting was apparently the wrong place to be.

MO.