InterDigital Inc (IDCC)

[hock1]

dndodd... I agree, except that apparently there is no company that would have a need for or be able to optimize the entire, broad spectrum of IDCC's portfolio. It looks to me like, they will raise close to $1B (pretax) by selling patents that are not relevant, or are not an impediment, to their licensing efforts.

In addition, I believe at least one of the sales that they are negotiating will be a partnership that will produce recurring revenue. Merritt continues to cite the $800M revenue number. It would be a reckless prediction unless he was fairly certain that such a deal is probable, IMO. Given their lack of success in licensing the big boys, he would be a fool to think anything is going to change on that front. So, we have to assume that a patent sale/partnership will be structured for ongoing revenues and will have the effect of bringing other parties to the licensing table. JMO.