InterDigital Inc (IDCC)

[j70k]

The analysis of IDCC in this report was not only well written and reasoned, but also unique in the metric that it used to value the company. Is it a coincidence that this report used enterprise multiple as its' primary evaluation method, when this method is often used by acquirers to establish a bid? Maybe IDCC management took a pro active approach by engaging an outside investment firm to analyze the stock and interject some speculation into the share price. Viewing the company from an acquirer's standpoint, imo, unlocks value that wasn't present in the traditional metrics of other reports. The report was very conservative, particularly in valuing the LTE portfolio, so there is plenty of room beyond $48. This couldn't have come at a better time for shareholders. JMO-thanks m partners and jim.