InterDigital Inc (IDCC)

[jai]

They have an option of keeping quiet and saying "no comment". IDCC also has a history of high fiving each other before the game is done. Bottom line on Wall Street if you proclaim something you better deliver or your stock price will be punished.

Right now we are being punished for the claim that Nokia would take 1 year. Whether they want to admit that or not is another issue like "depends upon what is, is".

IMO, the way the wall street game is played is to set expectations low and surprise to the upside. In this case Howard set the bar. He is the one who stated that the Nokia arbitration would not hinder licensing deals. At least this time they did not pull a bone head move like giving themselves 5 weeks to get it done aka Merritt.