InterDigital Inc (IDCC)

[jai]

Call me stupid but I bought more today at $16 a share.

IDCC's market cap is now at a little over $900 million. Hell SIRI is at 1.6 Billion.

What fundamentally changed? The timing of the NOKIA payment, PERIOD.

We have been here waiting for 1 1/2 years for NOKIA to kick up money. I'm sure IDCC management was as frustrated as shareholders were knowing the phase II date had past and no rate had been agreed to.

Nokia entered into a contract and agreed to pay. Well if ERIC is not the trigger what does NOKIA propose it to be. If they entered into a contract and agreeded to pay a rate what rate do they think they should be paying? .003 .002. .001?

The problem is that NOKIA executed this contract in BAD FAITH because they never really wanted to pay anything. If they do not want triggers then they do not want rates and they do not want to pay. Am I missing something here?

In the long run the courts will find that NOKIA needs to pay a rate. Eventually this will be put behind this company. This investment has always been about 3G and IDCC IPR in 3G.

So I'm a buyer at these levels because I beleive IDCC has the IPR in 3G to demand payments not because I beleive NOKIA will be forced to abide by a contract they executed and agreed to in 1999.