InterDigital Inc (IDCC)

[enos]

I was the president of a division that was put up for sale with a notice in the Wall Street Journal. It is hard on employee morale but my input to them was that if some one bought us they would want us more than our present company and they should at least see it it through. After 6 months they announaced that we were no longer for sale. That's when the real problems began. I seriously hope and believe a sale or merger is the best thing for all concerned. In our case we produced a product and customers were concerned about our future and caused us to loss sales.