InterDigital Inc (IDCC)

[Desert dweller]

Corp Buyer, you keep posting your concerns about the increase in costs. Can I ask you, at what time do you want management to increase investment in both additional personnel and legal fees to collect what is rightfully ours? The increase in cost related to D&O insurance is not IDCC specific and is all companies are experiencing this increase.

You and I don't know what they are spending money on specifically but the fact that they have $105 million in the bank as of 12/31, are receiving something like $25 million during the quarter from Ericy & Sony/Ericy, according to a previous post from Ronny I think, and are going to receive at least $17 million from Sharp during the second quarter. That excludes all other money that will be coming in from others including NEC. This company will not experience any cash constraints for the foreseeable future and yet you continue to complain about the increases in spending.

I personally don't see it as a problem. Heck, I want them to increase the spending even more and institute a few more lawsuits to get the ball rolling as to when we will be paid. We all thought Ericy would be the catalyst for additional agreements but except for a few ethical companies, the wireless industry appears to be made up of scum that only understand litigation. I say while we have the cash, go after all the thieving bastards.