InterDigital Inc (IDCC)

[mschere]

Events that make you go Hmmmm! I do not believe in coincidence..


Richard A. Simonson & George Soros are both Directors of
the Board of Trustees of International House - New York

Richard Simonson was SCHEDULED for a Bloomberg Video Interview for several days at a specific scheduled time today..and perhaps Soros's Computers were set to go..


InterDigital, based in King of Prussia, Pennsylvania, dropped $1.41, or 6.3 percent, to $20.90 at 11:50 a.m. New York time. Nokia's American depositary receipts, each representing one ordinary share, rose $1, or 3.3 percent, to $31.30 in New York Stock Exchange composite trading.





Nokia's Simonson Sees Mixed Europe Sales, Growth in Asia: Video
March 25 (Bloomberg) -- Rick Simonson, chief financial officer of Nokia Oyj, talks with Bloomberg's Ellen Braitman in New York about the impact of the U.S. economic slowdown on the company, sales growth by region and outlook for market share. Espoo, Finland-based Nokia is the world's biggest maker of mobile phones. Uri Landesman, a portfolio manager at ING Investment Managemnt, also speaks. (Source: Bloomberg)



00:00 Effects of U.S. slowdown; sales by region
03:38 Talks with Sony, Bertelsmann on music accord
04:21 Outlook for market share growth
Running time 04:55

Last Updated: March 25, 2008 12:28 EDT



Nothing was made up from whole cloth today. IDCC traded 900,000 shares and plummuted 10% in minutes. That is a real event. Yes, I want to understand why that happens and make sure that there was nothing beyond that seemingly innocuos statement to cause the drop.