InterDigital Inc (IDCC)

[dmiller]

Finally a voice of reason!

From Tom Carpenter:

We believe the $150 million would have been better spent paying a
$2.50 to $3.00 special dividend to shareholders. We much prefer special dividends or patent
acquisition over share buybacks. In our view, IDCC’s share repurchases have benefited
shareholders little, instead recouping ground lost through generous past option grants.