Replies to post #327752 on InterDigital Inc (IDCC)

[Gungrey]

Count, your post is probably the most rational one yet. We as IDCC investors have nearly arrived to the summit. If some here have reservations or are overly pessimistic, now might be a good time to plan an exit strategy. Myself, I've ridden this roller coaster this far..........I'm not getting off until we reach the summit.

[ShallowMind]

As far as why others didn't buy us, it was because potential purchasers had enough IP to cross license. There is not much additional value to adding more. It would free them from having to pay IDCC, but they can just refuse to sign to achieve the same goal. Plus some of their competitors are paying, giving the infringer a competitive advantage. Similarly, our patents would not allow QCOM to materially increase their licensing rates, so they had no interest. Other than QCOM and manufacturers, who else would want to buy? That's why no one made a run at us.

That's the best reasoning I've seen in explanation. Thanks Frank

[jmspaesq]

Count:Great post, I agree, good perspective thanks for your thoughts!

One thing that Duke isn't figuring is that the value of the IP now that we have a basis to begin valuing it through the Nortel auction result, is that it has defensive value and strategic value to acquirers. It also represents a discount to revenues and licensing fees they would have to pay or as in the case of NOK, already owe and eventually would have to pay.

It also ignores the potential offensive value in the hands of a better than 'first in class' licensing team--one that is not stuck as first in class in kindergarter or a special education setting but is first in class in an Ivy league school--those who will take action to get paid unlike our management.

It really is a brand new world for IP as an asset class, one that few people understand. And the past is the past--this is a brand new day IMHO

And good luck to us all!