InterDigital Inc (IDCC)

[Desert dweller]

Miracles do happen, teecee actually changed his mind. The one thing that we don't know is what rate will be paid by Nokia and Samsung but the rate will be the same for each under the MFL clause. The ultimate rate for Samsung for 3g IMHO will be slightly higher than Nokia since Nokia does not have to pay for TDD but Samsung should.

The scary thing as to what the rate will be is that there is a chance that Nokia and Samsung will pay nothing from 1/02 forward for 2g and that is why the stock price is only $12. If we were guaranteed to be paid a rate, even a rate of .5%, the stock would be at least $30. There is still the uncertainty overhanging this stock that if we were to lose the Ericy case, both Nokia and Samsung would not pay us anything. This is all MHO but I can't see it any other way. Why would Nokia pay anything if Ericy gets away without paying anything.

This is not to say that I think we will lose to Ericy just that anything can happen. I think our chances of a win or settlement are very good but I also thought there was no way we would lose to Mot in '95. Like I said if it was guaranteed that we would receive a rate from both Nokia and Samsung our stock price today would be at least $30 but that is not guaranteed.