InterDigital Inc (IDCC)

[robjer]

Loop, I don't think I agree with you about the difficulties of going private.
1. Heartland is down 18%+ on IDCC this year with 7%+ of the shares--I'm sure any other institution is down similar if not more.

2. Expect management would structure the proxy vote to allow them to vote their options (or worse case to excercise the options prior to voting)--and all those not voting for one reason or another would be "abstain" votes and would not count against the 50% majority either--making the yes votes that much more powerful

3. Add in IDCCers in below $20 average or with $23 call options that would go $5 into the money and how many of those would take $28 in a buyout if the proffer was made on Monday?

I'm wondering if you aren't at about 50% with the above considerations.

robj