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mschere

03/09/06 2:48 PM

#148248 RE: j70k #148245

IDCC will still have $117 Million cash after the completion of the buyout..with $352 Million in Nokia/Samsung 2G money in transit and a $60 Million credit line, and ONLY 53 Million fully Diluted shares after all the Years of Management trashing.

I love the buyback-$100 MIL to support the price and another 3 mil shares off the table. Buyout price per share just went up.