Replies to post #156858 on InterDigital Inc (IDCC)

[bulldzr]

Rockitt, I think your analysis was just right... as you said the other day "just a little south of optimism", LOL! Appreciate your thanking ol' rookie for what he has done for us in the Houston group. If it wasn't for him and Loop and other friends from the cabal I doubt I would have hung in here this long. You and I and tucker and texb need to learn the harmony for that song "You'll never find" so we can back up Loop in the choir. Hell, we may let Sonny sing lead Wm Hung style.

Remember that first lunch that I was able to attend with you and Loop and rookie down their at Pappas? We spent nearly 4 hours talking about the company, sports, family, and whatever came to mind. Great memories!!!

As far as jtaylor questioning your numbers as too low... I'm like you; I hope they go higher. Maybe if jtaylor had taken as much shit from the QCOMer's and bashers and others on this board over the last year or two as rookie did and you and I and other members of the Houston group have over the concept of the Houston 100... well he would probably be more conservative too.

By the way... has anybody heard from that know it all richbloem? LOL!

[TFWG]

Morgan Rockitt, with regard to revenues dropping to the bottom line: As IDCC is profitable [sales more that offset expenses] and IDCC does not to date have a manufacturing operation, this statement, with a few exceptions, is essentially true. The exceptions I can think of right now are:

1) Taxes, taxes, taxes...both international and domestic
2) Rising operating costs [legal?!?]
3) Investment [new engineers for ex.]
4) Bonuses
5) Growth

I like your conservative approach. However, I would suggest you keep an opportunitisic forecast, i.e., back of the napkin, in your pocket using the assumption that EPS will grow based on 60% [50%??] of incremental sales. This is an optimistic assumption, but expenses cannot -- I HOPE -- keep pace with new revenue. In most cases from LG forward, IDCC's incremental sales, less the aforementioned, will flow to the bottom line.

Besides, these numbers are fun to look at!

MO

Best,

Bob