InterDigital Inc (IDCC)

[jai]

New presentation, much better than Jan. presentation.

Am I the only one who notices IDCC trying to distance themselves from the "Nokia owes $$$$" comments and presentations of the past. IMO, The difference between a BIG mistake and a little mistake is not trying to correct the mistake.

Howard and CO made a BIG mistake by declaring victory and then rubbing numbers publicly in both SAMSUNG and NOKIA's face. This event back fired twice, once being a 10 point haircut last July and the second 10 point haircut occurred in May.

Now they are turning this BIG mistake into a little one by deemphasizing NOKIA/SAM. They removed any reference to numbers and also removed Nokia and Samsung completely from the presentation. Very good and positive move as far as I'm concerned. Howard still gave very brief and scripted response to Nokia and Sam questions which is fine.

They needed to change the story from a wish stock into a have to hold now stock. This new presentation is about 2G, 3G and standards. They have a story now that investors can identify with without having to wait on some event (NOKIA).

IMO, this is a very big step in a very new direction for this company. They no longer have to talk in potential terms(Nokia?Samsung). They can talk about current accomplishments(NEC/SHARP/RIMM/ERIC/HTC) and strengths(800 standards accepted). I'm betting this new strategy attracts more institutions and investors.