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Tuesday, April 08, 2003 2:40:54 PM
"By the end of 2003, it is highly possible that IDCC will end the year on track to generate $800M-$900M in royalty income from 1995 to 2005 with cash/investments of at least $400M."
Once again, you are just setting shareholders up for disappointment. You know full well IDCC will not end the year with "at least $400 million" cash! Come the annual report you will be making up excuses why things weren't as they coulda been.
You know full well that the current agreement with Ericsson ends in 2006 and doesn't even cover 2G phones that also have 3G functionality which will shortly be every phone made except for the most entry level models. Who knows if and when IDCC will be able to get new 3G licenses, why would anyone bother? Who is IDCC going to take to court next now that the Ericy litigation has gone away? Will they work on 2G CDMA infringers? LOL! What about CDMA2000? You know their are millions od CDMA2000 handsets that haven't paid a penny to IDCC. Maybe they will target WCDMA infringers? Hmmmmm.....
After a while people begin to wonder if IDCC has real IPR or if they just file for patents after the fact in an effort to get others to pay up to get them to go away. Why else would they always be losing or settling for pennies on the dollar? I don't hate IDCC as some will claim but I have to go with the only scenario that fits all the facts and yet some still prefer to believe whatever the pumpers claim. At some point you have to let it all go and go with what makes sense.
Once
The best way to convince a fool that he is wrong is to let him have his own way.
~ ~ ~ Josh Billings
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