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Luckyk57

10/31/08 4:47 PM

#236609 RE: nieves #236600

I am excited to read this as I think it is as direct a message to shareholders as could be sent without violating the secrecy of the talks. (I did some editing for easier reading):
In this kind of environment, companies do tend to discuss options for settlement and those discussions tend to be at senior levels, straight forward and purposeful. That holds true here as well. And while we cannot predict whether the cases will settle, we can say if they do so, the economic results will be substantially positive for InterDigital.
Indeed as I mentioned at other conference calls, we have had the opportunity to except financial terms that may have been okay for us a long time ago. However, today we are stronger as a company both in terms of our portfolio of technological inventions and solutions as well as our balance sheet and cash flow. We believe that this position supports higher levels of payments. So that is what we are driving for and what we believe we deserve for what we have contributed.