InterDigital Inc (IDCC)

[my3sons87]

gleeny, I guess all those fixed rate mortgages that worked for years for the banks are the reasons they are in trouble. It wouldn't have anything to do with the variable rate products that some genuis created to finance homes. Here you are sir take this 20 million dollar house on the variable rate annuity plan and pay us 10 a month for 24 months and then 6,000 a month for 4o years. But remember the first 240 paid over the first 24 months goes to the principle only. And the 6000 goes to the interest only when that kicks in and is applied to interest only which adjusts at an accelerating rate equat to the rate of geometric progress times PI, amplied by the quantum theorem principles times the desired outcome of Bullcrap.

If IDCC has to the choice between fixed payments at their defined rates for a defined period, I will take the fixed money. That avoids ups and downs, especially for a company that has been numbr one and can only lose market share to new entrants in the product market.