Replies to post #96014 on InterDigital Inc (IDCC)

[ellismd]

gman1962 Exactly, I guess I should have noted Q3 to be precise.

Posted by: ellismd
In reply to: JimLur who wrote msg# 95974 Date:2/23/2005 2:49:44 PM
Post #of 95998

Jimlur,
IDCC should already know the impact for legal fees in 2004, now 2005 is probably a different story. It is kind of hard for me to feed into that angle. If NOK is resolve that problem goes away for 2005.

[sinnet14]

gman, you are wrong on this one.
for Q4 number:
revenue: royalty/money that IDCC received during Oct-Dec for sales happened during July-sept.
Operating expense: money spent by IDCC during Oct-Dec.

so I think the revenue number will be on target,
for expense, I am not so sure.

[Corp_Buyer]

"4Q numbers and exspenses are already known. the 4Q numbers are the numbers from the 'actual old 3Q'." - the original guidance may have been accurate when it was given, but alot has happended since then e.g. the GD contract officially started in the 4Q after the expense guidance, as I recall, so this is one item that might supercede the original prior guidance.

I noticed that when Janet Point reiterated the 4Q guidance in her recent presentation, she used less specific words (~"increased expenses") than the prior cost guidance, FWIW.

I hope the company can stick to its original guidance on expenses, however, there may be some new reasons to exceed the guidance on expenses.

In any case, the rate of Q-Q cost increases we have seen is very surprising and needs a lot more justification, IMO.

MO,
Corp_Buyer