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ams13sag

03/31/06 11:55 AM

#150501 RE: mschere #150500

You have no information on if IDCC is in the market or not. They may have a $19 entry point for all anyone knows.

to speculate that a 8k is around the next corner is unbelievable. Of course you could be correct about the 8k, but probable about a compensation matter, perhaps they may identify that to complete the 1999 option plan will cost the company about 45 million of the share buy back.

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The Count

03/31/06 12:38 PM

#150511 RE: mschere #150500

IMO No way the buyback is completed.

Look at IDCC's average volume and look at the volume since the buyback was announced. Can you see an additional four million of volume?

I'm guessing they are currently buying 200,000 - 250,000 shares a week and will complete the buyback in 3-6 months. I will give 2:1 to anyone that the buyback will not be completed in March. I hope they are buying aggressively at these levels. Anything under 25 is great. I hope the 100,000 share trade this morning was IDCC on the buy.

My guess for completion of buyback - August 1.