InterDigital Inc (IDCC)

[laranger]

Charlie.

Despite Jagfn's poor record, the possibility of a buyout is very real, IMO.

QCOM will have difficulty renewing 3G licenses at the same rate, without some added attraction, like IDCC patents.

QCOM knows its customers want one-stop shopping. Today, they walk out of QCOM's headquarters, only to find Bill Merritt standing there, waiting to punch their cards.

Nokia, on the other hand, would like to get their hands on IDCC's patents, since it would give them leverage for lower rates against companies like QCOM.

This clearly must be a tempting thought for Jorma:

If he acquired IDCC today, his financial advantage could total well over $1 billion in the near/medium term, starting with the reversal of almost $500 million in IP reserves.