InterDigital Inc (IDCC)

[jmspaesq]

Count:Great post, I agree, good perspective thanks for your thoughts!

One thing that Duke isn't figuring is that the value of the IP now that we have a basis to begin valuing it through the Nortel auction result, is that it has defensive value and strategic value to acquirers. It also represents a discount to revenues and licensing fees they would have to pay or as in the case of NOK, already owe and eventually would have to pay.

It also ignores the potential offensive value in the hands of a better than 'first in class' licensing team--one that is not stuck as first in class in kindergarter or a special education setting but is first in class in an Ivy league school--those who will take action to get paid unlike our management.

It really is a brand new world for IP as an asset class, one that few people understand. And the past is the past--this is a brand new day IMHO

And good luck to us all!