Replies to post #74396 on InterDigital Inc (IDCC)

[mschere]

Question..Are my figures wrong when I figured that Merritt disposed of approx. 10% of his total stock and options? If that is indeed the case..I could just as well make the case that he got his immediate financial needs out of the way and good news is around the corner..am I correct? TIA

[TFWG]

Last, I don't know what the answer is either. However, I do know the street takes an extremely dim view of these large insider sales. You can ask any of our following analysts and they will all say the same thing, it's greed. I'm convinced these sales, or the potential there of, is a large reason why the street will not through bigger targets at IDCC.

Thankfully earnings will be out in six weeks or so. Therefore, I'll continue to sit back and ride this lastest bump...errr, pothole out. I'm holding a maximum position in this company, and will do so until May of next year.

Best,

Bob

[JimLur]

Lastchoice, Since Merritt's sale was from his 401K how much penalty would he pay for early withdrawl plus taxes?

On the other side of the coin if he didn't wihdraw anything he would pay no taxes or penalties and could invest in another stock thus diversifying his holdings.

I could be wrong but I think if he needed the cash it would have been cheaper tax wise to sell from his other share base.