Sunday, May 11, 2003 6:21:49 PM
To DannyD: Thanks again for a splendid series of postings this weekend; they help to dispel a fog of thinking voiced so often on this board about management, shareholder activism, and the rational basis for holding or selling IDCC.
There is no question in my own mind about the critical role of management in determining the ultimate success or failure of IDCC. There are plenty of companies with "good" technologies that never became viable businesses. The 2G technology of IDCC, for most of its history, could hardly be considered sufficient to assure success of the company. Whether IDCC will make a success of its many IP developments depends on the tenacity, cleverness, foresight, persuasiveness, salesmanship, leadership, hiring and firing judgments, negotiating and contracting skills, honesty and trustworthiness, as well as the respect Management commands from its industry peers and investors. The hostile and unfavorable business conditions under which management has had to operate in recent years, and the limited success they have demonstrated to date, warrants some recognition and appreciation of their credibility.
You are quite right that Management has recently put their credibility on the line "bigtime". It will not be long, in my opinion, before the truth about IDCC will be known. Carpenter has determined that the Nokia/Samsung accruals will show up in the second half of this year. A better assessment of IDCC Management is now on the line, more than in any other of the many years in which I have been invested. The discussions about Options will be of little, if any, consequence compared to the assessment of Management to be made this year.
There is no question in my own mind about the critical role of management in determining the ultimate success or failure of IDCC. There are plenty of companies with "good" technologies that never became viable businesses. The 2G technology of IDCC, for most of its history, could hardly be considered sufficient to assure success of the company. Whether IDCC will make a success of its many IP developments depends on the tenacity, cleverness, foresight, persuasiveness, salesmanship, leadership, hiring and firing judgments, negotiating and contracting skills, honesty and trustworthiness, as well as the respect Management commands from its industry peers and investors. The hostile and unfavorable business conditions under which management has had to operate in recent years, and the limited success they have demonstrated to date, warrants some recognition and appreciation of their credibility.
You are quite right that Management has recently put their credibility on the line "bigtime". It will not be long, in my opinion, before the truth about IDCC will be known. Carpenter has determined that the Nokia/Samsung accruals will show up in the second half of this year. A better assessment of IDCC Management is now on the line, more than in any other of the many years in which I have been invested. The discussions about Options will be of little, if any, consequence compared to the assessment of Management to be made this year.
Recent IDCC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/07/2026 12:34:53 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 04/06/2026 08:05:41 PM
- At 6G@UT Forum, InterDigital to Demonstrate AI-enabled Teleoperation and Energy Efficient Edge Intelligence • GlobeNewswire Inc. • 04/06/2026 08:00:00 AM
- InterDigital signs license agreement with Buffalo Americas; adds new DTV agreements • GlobeNewswire Inc. • 04/02/2026 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/02/2026 10:29:02 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/02/2026 10:27:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 04/02/2026 10:26:12 AM
- InterDigital awarded injunction against Transsion • GlobeNewswire Inc. • 04/01/2026 12:30:00 PM
- InterDigital Declares Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 03/24/2026 08:30:00 PM
- Agentic AI Will Make Uplink the Next Mobile Bottleneck • GlobeNewswire Inc. • 03/18/2026 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/17/2026 09:23:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/17/2026 09:23:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/17/2026 09:22:28 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/17/2026 08:18:58 PM
- InterDigital to Showcase Breakthrough in Energy-Efficient Video Streaming at DVB World • GlobeNewswire Inc. • 03/12/2026 08:00:00 AM
- Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600 • PR Newswire (US) • 03/06/2026 11:39:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2026 01:42:50 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2026 09:01:19 PM
- The Consolidation Wave Reshaping Telecom Isn't About Towers; It's About Trust • AllPennyStocks.com • 03/04/2026 01:03:18 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/03/2026 02:15:58 PM
- InterDigital and Türk Telekom Achieve World’s First Collaborative Cellular and Wi-Fi Sensing Using Preliminary 6G Architecture • GlobeNewswire Inc. • 02/23/2026 09:00:00 AM
- At MWC 2026, InterDigital to Showcase New Services and Immersive Experiences Underpinned by Wireless and AI • GlobeNewswire Inc. • 02/23/2026 09:00:00 AM
- InterDigital Names Samir Ferdi as 2026 Inventor of the Year • GlobeNewswire Inc. • 02/19/2026 09:30:00 PM
- InterDigital renews license agreement with Sony • GlobeNewswire Inc. • 02/17/2026 11:30:00 AM
- InterDigital awarded fifth injunction against Disney • GlobeNewswire Inc. • 02/13/2026 08:30:00 AM
