InterDigital Inc (IDCC)

[F6]

snowblow5 -- if there is a hostile offer and you do not tender your shares, then at least in general you will be entitled to your share of the poison -- not sure if only 1,000 share pieces are sufficient to each get a full share of the poison; doubt if whether you bought before or after 1/3/97 is relevant -- in any event, the point isn't the value of the poison shares, but the separate voting control over key transactions that their non-bidder holders (almost certainly) will have; by definition, the poison shares will end up only in the hands of those who did not tender, i.e., those it will be safe to say oppose the takeover as offered

it's been a good while since I went through the materials available re IDCC's poison pill, a/k/a 'shareholders' rights plan', and I do not intend to go back through them anytime soon (just not an effort that's going to yield any significant new understanding at this time, imo) -- my present comments are based on what I recall from that earlier study of the information available re IDCC's poison pill, and on my experience in general with such plans