InterDigital Inc (IDCC)

[jai]

I like to stay fair and balanced with my critism of IDCC.

I was not happy about Fagan and Merritt selling but felt better about it when the overall level of total share control (options and RSU both vested and unvested) was revealed by the board(some excellent work bt the board).

I also was not happy with Howard's "Economic Discussions" statements without having a time table when these discussion materialize into real licenses plural.

I'm very happy about Tom Carpenters report last week. It is giving the stock momentum.

Right now the NASDAQ is heading south while IDCC is heading north.

Very positive sign.

16-Jul-04 1,926.19 1,926.19 1,882.93 1,883.15 20,994,000 1,883.15
15-Jul-04 1,920.14 1,925.76 1,910.13 1,912.71 16,699,400 1,912.71
14-Jul-04 1,913.73 1,937.68 1,908.98 1,914.88 14,618,000 1,914.88

16-Jul-04 17.99 18.36 17.81 17.99 727,000 17.99
15-Jul-04 17.49 17.95 17.45 17.90 473,900 17.90
14-Jul-04 17.65 18.05 17.38 17.48 582,600 17.48

Bottomline, if the stock goes up, I'm very happy and have no complaints and will praise these guys (good job on the Carpenter report). If the stock goes down, I'll bitch and moan about management and what they are doing wrong. (only one license this quarter came from the economic discussions).Kind of like a boss.

Right now I feel they are doing well. I reserve the right to change my mind as soon as the stock price heads south. LOL.