InterDigital Inc (IDCC)

[blueskywaves]

Interdigital (IDCC) 
 "Survival, Turn-around, Growth" 
 WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 
 1991-2002 
 .... 
 YEAR       O/S                  Key Events 
 .... 
 1991      19.8M 
 1992      24.1M      
 1993      31.5M     IMMS/SCS merger of TDMA/CDMA patent port. 
 1994      37.5M 
 .... 
 1995      46.5M     Motorola debacle, Survival stage begins 
 1996      46.5M     BCDMA Alliance (Samsung, Alcatel, Siemens) 
 1997      48.2M 
 1998      48.8M 
 .... 
 1999      50.5M     Nokia deal, USPTO Patent revalidation 
                     Survival stage ends, Turnaround stage begins 
                     IDCC hits all-time high during last week. 
 2000      57.3M     Nasdaq hits all-time high on 3/10/2000.   
                     CAFC issues Festo ruling 
 2001      53.4M 
 2002      56.1M     Probable market bottom in Aug/Sep 2002, 
                     US Supreme Court overturns Festo 
  
 2003      54.8M*    Ericsson Settlement on March 14, 2003  
                     marks the end of IDCC's turn-around  
                     stage and the start of IDCC's growth stage 
 .... 
 .... 
 *As of 3/31/2003