Replies to post #32029 on InterDigital Inc (IDCC)

[mickeybritt]

Jimlur

I don't think any here have forgotten how the company is doing. I will say would you be happy if your neighboor was selling drugs but was making your neighboorhood look better with the money he is making from selling drugs. We are not exactly talking the same thing here but the bottom line is we expect the company to do what they were hired to do, and they shouldn't be getting all the gravy for doing what they was supposed to do.

If they wasn't doing their job what would you say? If they are doing it they are doing exactly what they applied for the job to do, and on the application I don't believe it stated we will give you more options than a show dog can jump over if you just perform as you are supposed to do. I don't think you can say that IDCC has had anyone over performing in their duties as officers, but doing just what they were supposed to do. If they wasn't in a public company I guarantee you they would in no way be getting the benefits they have received, but they wouldn't be taking from investors if they was a private company, but when they take money or options they are affecting our stock price, and thats a fact. A reasonable salary should be paid, and if someone does something extraordinary then reward them but for daily duties getting rewarded is a joke.

Mickey

[mschere]

Good post..But I must embellish..The future of IDCC was established by the action of IDCC management in 1999..with the signing of the Nokia agreement that will be shortly be delivering the Nokia/Samsung revenue flow..While the events in the past year as per the removing of the Ericsson finger in the dike that held back the IDCC revenue stream from flowing and created our current MOMENTUM..It all comes back to the foresight and business plan of those directing IDCC in 1999.We have endured tens of thousands of GENERIC posts by ENTREPRENEUR GIANTS on how any Business should be run and managed ..but are completely in the dark as to the specific FUNDAMENTALS of IDCC's current business plan.

Posters are so involved in trying to figure out a better way to run the company they have failed to notice what has been accomplished over the last year.



InterDigital and Nokia announce multi-year development project for third generation technology
February 01, 1999



Nokia and InterDigital Communications Corporation (ASE: IDC) today announced a long-term co-operation agreement involving the development of new technology for third generation wireless telecommunications products designed for high data rate applications, such as Internet access.

Under the multi-year agreement, InterDigital will deliver technology building blocks for Nokia to use in third generation wireless products. The agreement, which includes paid up TDMA and CDMA patent licenses which generally extend through the project period, has an estimated value to InterDigital of approximately USD 70 million, including an initial payment of approximately USD 30 million. The companies have defined a framework for establishing licensing terms after the initial licensing period.

"Nokia is committed to furthering the development of third generation technologies, which will herald the era of a true Wireless Information Society. In addition to Nokia's own core development of third generation, we place great emphasis on additional R&D, including co-operation with key industry players," said Ahti Väisänen, Vice President, Third Generation Technology, Nokia Mobile Phones. "Nokia believes that its work with InterDigital over the next several years will complement its own development of third generation products," he said.

Harry Campagna, Chairman of InterDigital, said: "Nokia has selected us to develop an important component of third generation wireless technology. In doing so, this global telecommunications leader recognizes our expertise in developing air interface technologies. This is an important relationship for us. The telecommunications industry is moving aggressively to address the demand for high-speed data capability and we are pleased to be participating in that technology arena. Our work with Nokia will broaden our position as a developer of leading-edge technologies and enable us to grow as third generation technologies are commercialized.

"In working for Nokia, we will use our technical expertise to design advanced technology and we will retain ownership rights over the technology we develop. This will enable InterDigital to produce and sell products utilizing the new technology, as well as license other companies under the technology," he said.

InterDigital develops and markets wireless telecommunications systems and components using both proprietary and standards compliant technologies for voice and data communications. In the past twelve months, InterDigital has developed relationships with a leading wireless access provider, and now, the number one mobile phone supplier in the industry, Nokia.