InterDigital Inc (IDCC)

[robjer]

GE Jim,
Good analysis on going private.
I'm convinced it wouldn't be that hard at $28--especially with all the call buyers I see on this board who would get a $5 in the money on a $23 call.

Cash in the bank is part of what they would be buying and right now the management seems NOT to be spending much of it to increase shareholder value--ergo increase what they would have to pay to go private. Keep the cash and pay only dollar for dollar for it and discount the earnings going forward by not trying to sign any big boys right now.

T.C. and those in the know who say that going private is what is happening have a better idea than I do, but if the new buyers wanted to get IDCC at the cheapest price possible they are sure as hell doing everything they can to keep the price down.

If management isn't going to make a tender offer, why wouldn't they be buying back shares below $20--too much bullshit about insider knowledge and blackout dates doesn't fly to me.

good call GE

robj