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Wednesday, June 02, 2004 1:27:43 PM
I also feel that IDCC lacks a strong business development person someone who can get creative with companies and start forming partnerships and joint ventures. An experianced sales person who finds a way to get a deal done. Watching their business plan execute is like watching paint dry.
Carpenter stated last year that it is harder to collect royalties after the fact then before. I agree with this sentiment. When Nokia gets done I beleive IDCC will have to forgive substantial amounts of 2002, 2003 and 2004 revenues in order to put this behind them. Same with Samsung. Waiting for the very best deal can be counter productive.
So while I am happy they got Sierra Wireless done this year I'm not happy about the progress of the licensing initative under Merrit to this point in 2004. And while I respect the legal profession I feel sometimes it is better to bring in lawyers after the hand shakes. I'd much rather see salesmen and business development people close and lawyers fill in the blanks to take some words from Howard.
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