InterDigital Inc (IDCC)

[wireless_wazoo]

Loop, very perceptive of you to note the 8K making reference to the Tribunal getting involved to give a "last date". Of course I like the whole phrase "last date for rendering a Final Award" rather than the statement I was expecting which would have been May 31, 2005 as the last date for the Tribunal to announce the decision made by the ICC. The specificity in stating Award is interesting as well as the date 5/31/05. Last year IDCC's annual meeting was the first Wednesday of June which the year falls on 6/1/05 or exactly the next day.

While you are mentioning "tea leaves", I'll throw some more out there --

1) NOK filed their 20-F in the past 2 yrs. during the first few days of February yet this year no filing has been made -- might NOK be adjusting their PROVISIONS for possible 3G payments in 2005 & 2006?
2) IDCC hasn't announced 4th qtr. earnings yet even thought the deadline is 3/15 -- could some 2G money potentially being received by NOK in the near future need to be booked for 2004?
3) And on 1/27/05 (interesting date) a press release from Nokia - Nokia Board of Directors will propose that the Annual General Meeting authorize the Board to resolve to repurchase a maximum of 443 200 000 Nokia shares. The shares may be repurchased in order to carry out the stock repurchase plan. In addition, the shares may be repurchased in order to develop the capital structure of the Company, to finance or carry out acquisitions or other arrangements, to settle the Company's equity-based incentive plans, to be transferred for other purposes, or to be cancelled. The shares may be repurchased either through a tender offer made to all shareholders on equal terms, or through public trading from the market, including also the use of certain derivative, share lending or other arrangements.