InterDigital Inc (IDCC)

[The Count]

Mickey, you are misstating Mr. Merritt's position

He has never ever said that we will get $2 a unit from future licensees. He has said that we are currently averaging about $2 a unit on our 3G licenses, and that he hoped to receive an average of $1.50 going forward. (My comment - This is because the ASP will fall over time and IDCC will be adding high volume sellers that get volume discounts to the mix.) He has also stated, as evidenced by the slide show, that they expect their overall licensing revenues to be between $1 - $2 per unit. Therefore I think it is very unlikely that Samsung or any tier one provider will be paying $2 per unit. I personally would be quite happy if they get $1 per unit ($0.80 for prepaid) from the tier ones. That will propel the share price quite nicely.

Mickey, let me put it another way...
I may be dumb as a stump, but you tell me if this makes any sense. A company says it expects to license everyone at $1-$2 a unit and the biggest dogs in the kennel are growling and snapping at them, fighting for the best price. Before Michael Vick turns 'em loose on each other, they back off and make nice. Why would the infringer pay at the highest end of IDCC's range when they could pay that after they got whooped in the fight. I ain't no IP negotiator nor a dog fighting expert, but just common sense says they ain't paying $2 a unit. If I'm wrong, I'll apologize as I slink away to the bank with my big bag o gold.