Replies to post #342617 on InterDigital Inc (IDCC)

[gabeh]

Wi-Lan made a hostile bid after Mosaid rejected Wi-Lan private approaches. Since it was a hostile bid it had to be made public as it went to Mosaid shareholders and not to Mosaid management.

There was no negotiation and there was no second company involved.

A completely different process and has no bearing on what IDCC is doing.

IDCC HAS TO do this in complete secrecy so as not to disadvantage any shareholders who might get leaked info and also to keep bidders in the dark as to what other bidders/consortia may be doing.

THEY HAVE NO CHOICE.

All shareholders need to be concerned about is the final price agreed to should a deal be struck.

Sure, it would be great to know exactly what's going on, but that can never happen in a bidding process.

We had no prior info before the MMI deal or the Nortel deals were finalized.

In not saying anything IDCC is in effect saying "The process continues."

[FISH21049]

nicmar: seems like you have done a 360 when discussind IDCC today.

In the past, you seemed to support management. You questioned ME when I said that the sales team should get canned and Merritt should have addressed the issue. If he didn't, then he should get canned.

I said that their Engineers were top of the notch and sales sucked; you countered with saying that maybe its the patents that suck and management isn't to blame.

TODAY, you are giving IDCC, Evercore, and Barclay's a D- grade for not giving any info like WiLan/Mosaid.

I think you are getting frustrated with the silent treatment just like many of us. You are now expressing negativity just like many of us have done in the past.