InterDigital Inc (IDCC)

[jai]

If I may!!!!

My view of investing has changed in the last 12 months. I now treat investing as a marathon and not a sprint. This is especially true with IDCC. I will not lose patience at this point. I beleive this investment is very different from when I first got here 4 years ago. We now have consistant earnings per share, stable and growing revenues, insider buying (or holding at least), a framework in place for a NOKIA/SAM windfall, and new independant directors, not to mention more analyst coverage .

This stock is up this year over 10% and the year is only one month old.

31-Dec-03 20.77 20.80 20.50 20.60 336,200 20.60

IMO, this company has delivered and improved since the July Nokia fiasco. I really don't have any problems with their performance since they decided to get their act together and start listening to analysts as well as shareholders. Also after reading the summary's of the Nokia hearings provided to us by Jaykay and company I've come to realize the challenges that IDCC is facing in getting companies to sign.

Bottomline, I reserve the right to turn negative but based on the performance of IDCC I don't think that they deserve it now.