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olddog967

12/31/04 5:30 PM

#88728 RE: whizzeresq #88723

whizzeresq: Although Yahoo shows a planned sale reported on Mar 27, 2003. he actually reported the sale of 68,669 shares on that date.

http://www.sec.gov/Archives/edgar/data/1193101/000035491303000025/edgar.htm
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rmarchma

12/31/04 5:49 PM

#88731 RE: whizzeresq #88723

Whizzer re Rip's sale in March 2003

Olddog has already answered your question. This was an actual sale by Rip in which he actually received over $1.5 million. I agree with your assessment about the negative signal being given to the investment community by all the ongoing insider selling at IDCC.

We are still a small-cap company with lingering risks as to our true revenue-generating abilities. When IDCC becomes a well established large-cap company, with predictable and sustainable earnings, then I don't think the insider selling will be viewed as negatively in the investment community as it is now. I am still looking forward to that day.