InterDigital Inc (IDCC)

[olddog967]

sloane: Based on the apparently worst case scenerio given in the 10-K, I would say the write off could be in the $25- $30 million. Intangible assets $20 million, and $5-$10 million for property and equipment.

"The ultimate outcome of this evaluation and pursuit of an option could result in an impairment of long-lived assets related to the modem business. The assets that could be affected include all or a significant portion of our intangible assets, which totaled $22.7 million and $22.9 million, net of accumulated amortization, at December 31, 2008 and 2007, respectively, and a significant portion of our property and equipment, which totaled $21.0 million and $24.6 million, net of accumulated depreciation, at December 31, 2008 and 2007."

in reply to:
If the company were to write off the slim chip, how much woulld it be? 20mill or 40 mill?