InterDigital Inc (IDCC)

[Sammdogg]

Shouldn't Phillips owe us money for 2G? At yesterday's meeting, I felt bald Harry was taken aback by the abject, but possibly warranted, criticism. He looked to be caught off balance and reacted emotionally like he was hurt. Think of this. Of all the meetings over the years in which he's presided, this is the first where everything is going great. I'm sure he expected a better feel from shareholders. He admitted that he should have approached prop 2 differently. But after all those years of meetings with the stock priced at 4 or 6, he shows up at 27 and gets critized for most of the questioning.

Additionally I thought Howard's answer to Bill d's question about where we fit in Wi-Fi was excellent. To summarize, he felt the upside was that wi-fi would introduce the consumer to the pleasure and convenience of wireless. When that consumer demands that this convenience would be available in a mobile environment that's when IDCC steps in.