InterDigital Inc (IDCC)

[ziploc_1]

Assuming IDCC patents are viable, tthe biggest mistake we have made in recent years was to use MFL contracts. To correct this we need to stop using MFL contracts but to let our rates be determined by:
1. how early the lessee signed on
2. the volume of his business
3. the promptness of his payment
Like it or not, this is a litiginous business. Companies do not like to pay for patent rights. Even after signing, they don't like to pay. If we do not have two or three cases in litigation at any given time, we probably are not doing our job. New hires should emphasize lawyers rather than engineers. I look forward to seeing some announcements of new litigation at the August CC on Q2 earnings.