InterDigital Inc (IDCC)

[infinite_q]

Hey, everybody. Just checking in to see how the CC is being received on the board.

I am a little surprised at IDCC's strength today, following the earnings release and CC. I figured the market would react negatively if IDCC did not announce a resolution of the NOK and/or Samsung rate issues, or a new license with Sharp. But it looks like the receipt of monies from Sony/Ericsson and the overall increase in recurring royalties are the focus now.

Judging from the comments made by Bill and Howard, it seems that IDCC is close to renewing Sharp. That will be a good thing, and should provide another catalyst for upward price movement in the next 45 days.

The comments about having momentum on our side were surprisingly upbeat. I'm certainly glad to hear that from our licensing people.

If we can keep up the recurring royalty revenues at the Q1 rate we should see prices between $30 - $40 a share this year, IMO. If we get NOK's 2G rate settled the prices should go considerably higher.

Here's hoping we see more licensees this summer!