InterDigital Inc (IDCC)

[Jean-Michel RIOND]

You guys are very lucky and you don't know it ! I live in Spain and therefore count in euros. Since 2 years, I've lost almost 25% because the $ is down. I intented to protect me selling or buying it against the € but Ive been wrong each time. So I'm very thankfull to IDCC to let me make money with a weak $. And I hope even more than everybody that finally we will see our efforts successfull !

But I remember a story that happened to me 4 years ago. A friend of mine told me about a stock, Ortel, which had a big potential (that remember me another one). I bought 10'000 shares at 6$ and 3 months later sold half of them at 15$ and a month later sold the rest at 22$. Not bad at all. One year later it had reached 200$ !!! Even if you consider that it was the Tech bubble and that Ortel were bought by Nortel finally, 2 things that can't help today IDCC's price, I think that with 12'500 shares of IDCC, I'll wait and not sell before the real money comes. Even if the management is not very clear, but in their field I think they can't tell everything to everybody, and that we would like the future more evident, I'm OK to wait more.