InterDigital Inc (IDCC)

[quilix]

Buyback... Many have commented on the good news included in this announcement but I haven't seen the mention in the PR about maintaining the buyback getting much attention. I was happy to see that in there - maybe an indication that they will start buying back shares after not doing so for a little while.

Also in thinking about the robust opportunities to deploy cash, aside from the Nortel patents, it seems like this may also be getting at more investments in small companies with complementary technologies in areas where they see the market going. The way the statement is phrased in the release: "The Board believes opportunities remain robust to enhance shareholder value through continued focused investments in market-leading wireless technology" seems to suggest that more. Perhaps this is something the Technical Advisory Council would play a large role in.

Looking forward to tomorrow and beyond.