InterDigital Inc (IDCC)

[jai]

hookrider,

I picked April 8th 2003 because it showed year over year progress.

The discussion started by Ronnie involved stock compensation to a 100 person pool which included the management team.

Based on Ronnie calculations it will cost about $70,000 per employee to cover taxes on stock gains or $7 million dollars in additional expenses this year.

Frank Marsala came out with a report yesterday which lowered 2004 earning because of this expense.

If this stock was trading in the 20's like it should be I would not think this would be a big deal.

Now with revenues projected to be in the $100 million range for this year, $7 million dollars = 7% of gross revenues.

I do not feel that this expense is justified considering the stock price performance.

I feel stock options and RSU should be given as a reward for good performance and not as an entitlement because they worked at IDCC for 1 year.