InterDigital Inc (IDCC)

[bulldzr]

The Count, great post, as always from you. You are correct of course, all of us should be open to questions. I certainly am, I just prefer not to share my personal debate and doubts day by day on this board. And if I am gonna insult someone, I may regret it but I would rather it be another friend/poster here than a continual public attack of management culminating in a harshly worded and inaccurate and uninformed letter to Janet Point. Continual whining and sending accusatory letters to the Company is the right of every shareholder... I guess.

Again, you made a great post. But you also included innuendo like the "invisible" $100M that we "gave away" to NOK for 3G. As an accountant, CPA, maybe you should dig a little deeper before you accept this as fact. Hell, maybe it's $200M or $300M. And you also assume that the $253M was a given, we were gonna get it anyway... just around the corner. I guess you know for a fact what the Courts were gonna decide totally in our favor, and do it long before next year sometime maybe.

As CPA's, would you or Chris have recommended that IDCC just go ahead and book this $253M a month ago? Since it was 'guaranteed" maybe the company could go ahead and spend it. Who invented the words "Pro-Forma" earnings? It damn sure wasn't a salesman... I have a hunch it was an accounting or finance person. Maybe we could go ahead and spend the other $100M that Data claims (and you believe evidently) we had coming before the settlement. Let's see... 253M + 100M of blue sky... that makes over $350M we could have pro-forma'd. What was Merritt thinking?

I know this is ludicrous, and I am sure you nor Chris would never recommend such... but what was the alternative? Do you really know? It is a fact that we do not know all of the challenges that Merritt is confronted with.

I'm not defending Danny Detail; I haven't even read his post, and it appears you have pretty well gutted it anyway. I'm just saying that there may be some credence to the idea that as important as CPA's are in maintaining a strong and growing business; and acknowledging that consultation and input from the accounting and finance people is critical; in the real world it may be better if marketing and business focus "big picture" type decisions are best left to others.