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Re: None

Wednesday, 09/21/2011 10:57:06 AM

Wednesday, September 21, 2011 10:57:06 AM

Post# of 432681
This post is for IDCC longs who are losing faith in the company's potential value.

Much has already been said about the company's value, both high and low,
and for many reasons, but I would like to look at it solely from the BOD's point
of view.

Do any IDCC longs really believe that the BOD would have put the company up for sale
for less than $100 per share, given our fundamentals?

Do you believe that they would have hired Evercore to broker the sale unless there
were some "serious" bidders who could meet their minimum?
(I'm assuming that Evercore will get paid a large fee even if no deal gets done,
ie: there must be "serious" interest to proceed.)

Do you believe that the BOD would have begun this process, which is very "disruptive" to
the company's "business as usual", if there was not some "serious" interest?

Do you believe that the BOD would have begun this process, which allows the bidders to
gain confidential information about IDCC, if there was not some "serious" interest?

This is a huge decision that the BOD is not taking lightly. I believe a good deal will
get done but also believe that if a deal does not get done, there will be a temporary setback
to "business as usual", but long term, the fundamentals will determine our future value.

All of this IMO.
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