InterDigital Inc (IDCC)

[drrtl]

My conversation with a older fund manager.

I start out by saying that Interdigital Communications is the premier value play in Wireless. I tell him about IDCC history including the Motorola law suit. We talked about patents (IDCC gets a new patent every working day) license agreements and their balance sheet(over hundred million in cash). I explained about the settlement with Ericson and Sony Ericsson. This settlement should have defined the royalty obligations of Nokia and Samsung (Nokia and Samsung owe IDCC over 300 million). Both companies are in arbitration with IDCC. "This gets his attention" I tell him about the purchase of Tantivy and the recent suit of Lucent. (first law suit in 11 years and that IDCC wants to enhance their customers competitive offerings and not go to court).
I mention that 75% of the wireless world is taking the Wideband CDMA path. This should give IDCC terrific future earnings. I use my conservative numbers for IDCC 3G wireless devices as 45 million in 2005, 100 million for 2006, 225 million for 2007 and 350 million for 2008. I explain that IDCC will get 2-3% of $80( average device sale). I wait and he does the math. He is now ALL EARS. I mention again that I thing my projectons are very modest. I suggest for him to do his research and tell him about this great IDCC forumn.
The above is true and I want to thank Jim and this board for all the wonderful IDCC discussions.
I own a large amount of IDCC stock. I think IDCC is in a new era. This is the time to Buy and Hold. The stock has been very volatile and those of you who trade have done well (writing options ) included. STOP trading IDCC because I think that Interdigital is about to have a Bull Run like RIMM. It will be exciting!!!