InterDigital Inc (IDCC)

[j70k]

Our continued strength is very impressive and makes me all the more curious as to what was really behind the July 7th and 10th action relating to pj downngrade.Supposedly the nasd was looking into the situation that created 10 million shares traded on july 10th out of nowhere and without substantial news.My first reaction was,who benefitted from the drop by being short, but now I'm wondering who did this create a magnificent buying opportunity for? It has taken us 3 months to get back to where we were, but now, from all indications our institutional ownership has increased.What a fortuitous event, for those able to bag the 10 points without any change in fundamentals and be on the cusp of a major pop- that seems to be hinted at with this impressive strength.As long as we get our just due, I guess that the pj incident will simply be a blip on the radar screen,but it still irritates me that the little guy is always the bag holder and true risk taker,while things seem to be set up for those in the know.jmho