InterDigital Inc (IDCC)

[kikoboer]

Very well said:Perhaps there is a lesson for us as investors who have always thought, and believed, that right will ultimately win out and that wrongs such as the Motorola debacle will somehow, in some alternate way, be corrected. It seems that others, at the highest corporate levels, hold a very different view, one based on sheer power borne of very deep pockets and the consequential ability to wait forever as they manipulate the legal system to win their way. Honesty and fair play has never entered into it. And, in the failure of some small companies to collect on their IPR, it would seem that the advisability of this more heinous position has been validated.

Fortunately for us, IDCC has now won enough legal battles, and licensed with enough companies, to operate from an enviable position of financial and legal strength. However, as we go forward from this point, it would be wise for each of us to consider exactly what the corporate power and stalling tactics of others can/will do to our investment, and to resist any tendencies to anticipate best-case results. In 2G, Nokia and its legal representatives will continue to employ whatever delaying tactics and whatever IPR attacks they can until such time as they, like Ericsson before them, decide that the legal system will ultimately make it more expensive to stall than to settle.

Hopefully, such an approach will gift us with pleasant surprises, instead of our being saddled with a shortfall in our expectations--the situation to which we have become all too accustomed.