InterDigital Inc (IDCC)

[Corp_Buyer]

"IDCC Selling Puts...help me?" - well, despite the financial attraction of this idea, there are at least 2 significant issues to prevent this:

1- trading in derivatives, even long term ones such as Jan '07, give the APPEARANCE of trading on inside information

2- speculating in any derivative instruments would probably not be deemed prudent financial management of shareholder/company cash when it comes to Director fiduciary responsibility.

Public companies often have a strict POLICY, for officers and directors at least, that trading in derivatives on the company stock is forbidden, with individual sign off every year confirming compliance. FWIW, I agree with this policy and I hope IDCC follows such a policy.

IMO, Shay and HC should go for all their issues with insider trading windows (e.g. during the critical 2003 Nok negotiation), compensation policies contrary to the spirit of the shareholder vote in 2003, HC failing to pass ISS' standard for an Independent Outside Director, HC's triple CHM position on the key committees, failure to implement shareholder vote to declassify the Bod, conflicts of interest (HC being highest paid), etc..

"start yelling at people who can actually do something constructive" - shareholders CAN and should take constructive actions e.g. it is the season to submit shareholder proposals and there are quite a few I would like to see put to vote by shareholders.

If you have held more than $2,000 in IDCC stock for the past year, YOU can submit a shareholder proposal. Here is how:

http://www.law.uc.edu/CCL/34ActRls/rule14a-8.html

MO,
Corp_Buyer