InterDigital Inc (IDCC)

[FISH21049]

Nicmar, you stated

we'll either be at $25/$35 or $65/$75 (depending on which way the CAFC decision goes)

Well, it's not all about NOKIA; IDC has gained business without a license from Nokia; IDC has gained in price PRIOR TO THE ORAL ARGUEMENTS without Nokia; IDC has gained in price WITHOUT A DECISION from the CAFC; and now NOKIA is teaming up with MICROSOFT without a license with IDCC.

We lost $6-$8 each time the ITC ruled in favor of NOKIA; so, we have already dropped in price based on a status quo at the CAFC; shouldn't we go up $12-$16 or more if we have a favorable ruling at the CAFC and not drop at at all (or too much) with a ruling in favor of NOKIA?

The momentum for the most part has been IDC and NOT NOKIA in the past few months. SO, I submit to you that ALL IN ALL, IT IS NOT ABOUT NOKIA ANY MORE BUT ALL ABOUT INTERDIGITAL !