InterDigital Inc (IDCC)

[AMCJAX]

DOES ANYONE ELSE THINK...

* MGMT has a ton of $hit to deal with right now particularly with mega litigation on several fronts

* legal proceedings are very tedious and at these stages extremely important, not just to provide monetary awards and success currently, but to position going forward with regard to viability of its IPR and licensing thereof AND for future revenue to Co - THE DECISIONS AND OUTCOMES NOW AND NEAR TERM WILL EFFECT THE CO FOR YEARS TO COME

* MGMT knew that Q1 or even Q2 would be the watershed event(s) and that shares would PROBABLY languish until then, so implement a very controlled buyback - hey it benefits US ALL if the Co. can buyback more shares with the same authorized money, taking more float off the street and choking the shorts as well as improving EPS going forward

* MGMT knows the company has the goods but has to deal with the above, and like everyone else, do not truly know how ruling(s) will impact the Co..legal outcomes are many times a coin toss, a judge or jury can sometimes shock you. Therefore they can unfortunately NOT hold our hands or tip us off or give us any reassurances, we have to be big boys and girls - shorts will make money right now (and have been) and longs will be rewarded BIG at some point (of course never soon enough!)


* Let's not forget beside all the investor, market, legal and other distractions THESE GUYS HAVE A COMPANY TO RUN. get out there and sell, close deals, travel, negotiate, create, invent, patent, etc and etc

I am NOT the biggest fan right now, but I do feel sympathetic to MGMT as they must be completely overwhelmed right now. Also, I think Tom Carpenter has completely righted himself with me in this last report, very obvious that he was thorough and on target..KUDOS TC

P.S. I PERSONALLY THINK THE MOST IMPORTANT THING IN TC's REPORT IS WHAT THE CASH POSITION WILL/MAY BE (perhaps) BY END OF YEAR - WE COULD BE SITTING ON $500mil + AND YES TAKEOVER TARGET.

bought more at $17.15 holding over 10k shares and counting

IM4$