Replies to post #64875 on InterDigital Inc (IDCC)

[jai]

Let's stick with realistic expectations.

One of the problems of owning IDCC is we are all booking airline tickets to the Houston 100.

We need to communicate the current message to the street in a way that does not hurt the companies credibility. With the current licenses and revenue streams the company can project a story that will value this stock properly untill those events happen.

The actions that this management group has shown me over the past year has lead me to believe that they are capable of change. Guiding analsyst based on Panasonic or a new signing is not smart. Everyone knows the possibly catalysts.

I'd like to see them offer more ranges to the analysts. Something like "We feel the revenues for the following quarter will be $22 million to $28 million range". Now if they come in at $29 everyone is happy. If they come in at $22 they came in at the low end of the estimate.

I keep getting the impression that they are afraid to be wrong so they don't say anything or mumble answers. What would have been the problem with Fagan giving a range in cash flow projections?

Let me help be a wall street translator for that question.

"For 2004 cash flow should be in the range of -$10 million to +$10 million. The wide range is due to the uncertainty involving continuing litigation expenses".

Give an answer and a reason for the answer. Ranges are acceptable if you can explain why you set the high and the low ends.