InterDigital Inc (IDCC)

[no_chkn_lil]

$0.31 minimum EPS

$34 million ERICY settlement
$3 million quartlery portion of ERICY '03-'04 License
$1.5 million ERICY annual license

Total $38.5 million

Less 1/4 of last year's expense (88/4=22)

Divided by about 54 million shares

= $0.31.

Now, if there are some unannounced rabbits to be pulled from the hat, especially if they are rabbits of a reccuring nature, then we see a stock price as high as $35.00, real soon.

If the EPS is less than $0.31, then look out below.