InterDigital Inc (IDCC)

[jai]

"Everyone invested in IDCC needs to fully understand that management with the information they have CAN NOT give the guidance on individual companies future growth. It is impossible."

I disagree.

NEC has an idea of what 3G shipments will go off this quarter. Their is an order for 6 Million hand sets from Hutchison. What percentage of this order will be filled in Q2?

SHARP has a deal with DOCOMO to provide 3G handsets. Their has to be some idea of what number is projected to be delivered during Q2.

RIMM is selling a lot of phones right now. Their has to be some idea of how many or what percentage of these devices are revenue bearing to IDCC.

Now to predict exact numbers is immpossible. To have a vauge range of projected numbers is. Everyone of these companies mentioned has given their covering analysts guidance for what they believe theior sales to be. You can take their guidance and build a rough IDCC revenue stream guidance with these numbers.

Let me add that I feel it is important for IDCC to develop a model to which they can comfortably project a possible range of revenue numbers. Analysts need these ranges to build their financial reports and paint a picture for their client base. Every company does this. Every company at some point misses either on the upside or the downside. Also every company has to change guidance when they discover events that will affect revenues either up or down.

IDCC can not play a different game then everyone else on wall street. They should come up with a "best guess" as to what will happen. If they miss so be it, it would not be the first time a company misses guidance and it won't be the last.