InterDigital Inc (IDCC)

[jai]

Still rather see a buy back then a dividend sans Nokia settlement. A substantial buy back would add permanent value. A didvidend would allow the stock to be traded up and down around dividend distribution dates.

Bill Naz was pratically begging for even a small buy back on the call. A blow out quater and fantastic earnings, Revenues, cash flows, $100 million Samsung payment and a 3G licence renewal produced .36 cents of share value. Also it is trading less than it closed at 5 days ago. What is wrong with this picture?

Jul 30, 2010 27.21 27.46 27.00 27.29 400,100 27.29
Jul 29, 2010 28.13 28.47 27.21 27.46 676,900 27.46
Jul 28, 2010 26.88 27.29 26.62 26.95 228,000 26.95
Jul 27, 2010 27.46 27.56 26.85 27.02 351,400 27.02
Jul 26, 2010 27.35 27.45 27.06 27.43 229,500 27.43

I think these guys are stubborn and do not want to play by wall street rules. They can sit and high five each other about what a great job they did. How much money has been generate by the patents. How large a percentage of 3G market share they have. How bigb the LTE patent portfolio is. How much potential for revenue they have.

The fact is Merrit and Company have not delivered shareholder value and have pocketed millions for stock sales.

A $100 million dollar buy back on a $1 billion market cap would potentially increase our value by 10%. That is what the market wants. That is whatthese guys won't do.