Replies to post #303322 on InterDigital Inc (IDCC)

[olddog967]

NukeJohn: Although not directly related to IDCC, I think that seeing how other patent related infringement cases are handled should be of interest.

IMO it might be sometime before Tessara possibly receives any additional revenue as a result of today's decision. I base my opinion on the facts that: (1) The two patents involved in today's decision, along with other patents cited in other ITC litigation, expired earlier this year. (2) In addition, while the various cases have been going on, the USPTO has been reexamining the patents, with many of the patent claims being rejected.

The following comment in TSRA's latest 10-Q, while naturally being cautionary, summarizes it pretty well.



"The following Tessera patents expired on September 24, 2010: U.S. Patent Nos. 6,433,419, 6,465,893, 5,679,977, 6,133,627 and 5,852,326. The reexamination proceedings will continue after expiration.:

The patents that are subject to the above-described reexamination proceedings include some of the key patents in Tessera’s portfolio, and claims that have been preliminarily rejected in the current official actions are being asserted in certain of Tessera’s various litigations. The Company cannot predict the outcome of these proceedings. An adverse decision in any of these proceedings could significantly harm the Company’s business and financial condition. An adverse decision could also significantly affect Tessera’s ongoing litigations, as described in this Note 11 – “Commitments and Contingencies,” in which patents are being asserted, which in turn could significantly harm the Company’s business and consolidated financial position, results of operations or cash flows."

[Gukaso]

Thanks Nuke, I don't have an IV account at the moment so had to ask you here, but I still monitor the board.