InterDigital Inc (IDCC)

[snowydread]

" The first of course is the size of the unscheduled blocks sold by our COB, COO and other officers when the company was stating "days" for the Nok/Samsung ratification process of the Ericy rate. I am still shocked over these sales with the information being provided to the street and the shareholders at that time. The sales fall short of the reasonable man theory regardless of the spin one wishes to place upon them. If you throw all matters aside, "why" is still present regarding the sales"

In looking at the pattern of insider sales over the last couple of years, it looks to me like insiders may have sold at times when IDCC is approaching various key junctures.....before NEC, last fall as one might presume negotiations with Ericsson were about to get serious. In eachof those instances board sentiment seemed to reflect a feeling that selling meant nothing good would be forthcoming anytime soon, but the share price soon went higher with more or less positive resuts.
Perhaps the recent selling came before NOK had a chance to apply pressure in the form of a short term blow to the finances of those responsible for ensuring delivery of the cash/ in advance of serious 3G dealings, etc.
One thing is for sure, we benefit from a happy, well fed management team doing battle with the merciless giants of wireless.