InterDigital Inc (IDCC)

[frobinso]

If there is an offer on the table or specific numbers that have already been attained as a minimum benchmark in negotiations, the shareprice move today may be a sign that some information has leaked. In such a situation, as I believe has ocurred on at least one prior occasion, we might actually receive an announcement on the status of their evaluation of strategic alternatives to level the playing field.

An announcement may go against their earlier statement of no further news, but they also have a responsibility if there is such an obvious indication that tradeable information is getting out, and in this case I believe IDCC would take action in concert with Barclay's and Evercore to keep the playing field level for all investors through a news release.

I don't know if reg FD requires any such disclosur, but I think they would have a responsibility to take action if there are indication of insider trading activity LIKE TODAY!!!