InterDigital Inc (IDCC)

[jai]

My focus right now is on short term share price action. That $7 million is going to be hard to swallow with $24 million dollar revenue quarters. The timing of this expense may very well hurt the share price in the short run. I was until this press release expecting a good quarter and a pop back over $20. Now we have .03 cents added to the expenses per quarter. This can mean the difference between profit and loss. Which will mean the difference between the stock rising or falling.

$7 million / 55 million shares = .127 cents.

Long term I'm not concerned, I think deals will come. I also think that $7 million will be a lost less costly and would have no effect whatsoever on the stock price after Nokia.

As to why would they do this at this time? They want more cookies. They can sugar coat it all they want this is a way to gain more compensation. Tell you what they can double it for all I care only if they wait until after Nokia is done.