InterDigital Inc (IDCC)

[ams13sag]

The legal mire that the management seems constantly to be in, continues unabated.

Lucent as expected will continue down the well trod path of litigation, with the usual delays, deferral, and perhaps in a couple of years and after many more insider sales, something may or may not happen.

The management team bought this wonderful investment, and paid imo way over the odds for it, they even created a new position of head of takeovers and mergers !!!!!!!!!!!! now they hide their stupidity under the veil of sealed documents, so that the continued mess and abject failures is hidden, exactly the way it was in the Ericy case.

They even needed an extra period to be able to say to Nokia that the company fully rejects the 3g claims by Nokia and looks forward to resolving the matter in court. They could have said that immediately and invested a small amount of the large cash pile that they have extracted from the company and have ensured that the share price would not have dropped 6 dollars.

If they really believe all the BS that they have fed us over the years on the subject of essential 3g patents, why did Ripper sell in the face of the Nokia treats at the year end.

All I want this year is one selling opportunity, anything over 25 and i am out of here, and i will leave behind the worst senior management team that i have ever come across in 33 years of business.

ams