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AMCJAX

03/11/09 11:55 AM

#252925 RE: olddog967 #252924

Question here is, has the market digested this (potential and probably likely) write off, or is this going to be another $2-$5/share beating followed by no response or support from IDCC??
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gio

03/11/09 11:57 AM

#252927 RE: olddog967 #252924

I've prepared myself for the worst case and accepted that they may get hit with the write off but I'll be stunned if they award themselves the remaining 30% bonus too.

"The ultimate outcome of this evaluation and pursuit of an option could result in an impairment of long-lived assets related to the modem business. The assets that could be affected include all or a significant portion of our intangible assets, which totaled $22.7 million and $22.9 million, net of accumulated amortization, at December 31, 2008 and 2007, respectively, and a significant portion of our property and equipment, which totaled $21.0 million and $24.6 million, net of accumulated depreciation, at December 31, 2008 and 2007."