InterDigital Inc (IDCC)

[jai]

Now, the 3rd qtr?

This is the quarter I'm least worried about. Nokia is a huge question mark but has the potential of being our RIMM SHOT.

23-Dec-03 58.50 69.93 58.30 69.61 58,375,400 69.61
22-Dec-03 45.29 46.72 45.01 46.10 4,482,600 46.10

Everyone knows this and the money will flow in prior to the January hearing. This money was flowing into IDCC prior to the March CC and caused us to go to $27.45 in the first place.

17-Feb-04 26.29 27.45 26.18 26.86 2,100,100 26.86

The smart money will want to be in this play. Way too much upside to sit on the sidelines and wait for it to unfold. By the 3rd quarter(November) I fully expect at least $5 a share of Nokia money factored in. Right now we have $0 dollars of Nokia in the current stock price.