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tookme5

06/04/05 9:11 AM

#111542 RE: idcc2005 #111541

I'm not a very smart man.........

I've stayed with IDCC because of this board, great thanks to Jim. Corp Buyer, you have expressed your views and concerns and we all got it.

We are at the execution stage. We will know soon enough whether the current management team can take us to the finish line. I believe they can. I'm comforted by the fact we just had our best quarter in terms of recurring revenue, a key component to Wall Street in terms of valuation. Our expenses are somewhat skewed becuase much of personnel costs relate to future revenue stream, R&D if you will.

This is the most fun I've had with an investment. Hopefully it won't be an expensive experience.