Replies to post #5330 on InterDigital Inc (IDCC)

[ziploc_1]

Loop, the verdict is more important than the judgement on the post trial motions or even the cash award. I would expect that the royalty agreements and additional licences would start kicking in soon after the verdict.

[Danny Detail]

Loop .. RE:"Harris is getting close to 90 days post verdict and the judge has not ruled on the post trial motions yet."

Could you please comment on how long "final judgment" usually takes on average as well as the range? Is there any possibility at all that the date of judgment day in Harris will be affected by the fact that the same judge is handling ERICY-IDCC? TIA

Danny

[loophole73]

Auditors

The Ericy auditors will rely on the lawyers for guidance regarding liabilities. There was not a final judgment in 2002 for HRS and it will be difficult for the auditors to place an accurate value on HRS and other litigation. Additionally, a cease and desist injunction is not in play because the Harris patent had expired. IDCC will be different because the patents involved have remaining life. The auditors will ask the lawyers what it will take to make the litigation go away and advise Ericy regarding the proper accounting for same. I doubt that much will change on the 2002 books and the pearls of wisdom regarding IDCC will be found in the 1stQ reports unless all cases are disposed of during that period. At that point, we wiil not care.

As a follow up to my last post, a settlement will send the stock upward at much more rapid pace which will help the Mar and June options.

MO
loop

[ellismd]

Your analysis is not quite accurate because you leave out several important factors. 1. The award of 60M to HRS is a minor significance compared to 100's of Millions being awarded to IDCC. You are comparing a small award for a company that easily does over a Billion in revenue to a company that hasn't cracked a 100M of nothing on a long term basis. While the final hammer by the judge would send more shock waves in a case like IDCC's the verdict will be more than ample to propell the stock.

[GAB]

Loophole:

Way out of my league here, but, if Judge Lynn renders a harsh judgement to ERICY in the Harris case before any IDCC trial/settlement, could ERICY request a change of venue due to a perceived negative image in the Dallas area. Also, could ERICY request that the judge disqualify herself in light of the Harris verdict?

GAB

[0nceinalifetime]

Loop, you make some very good points regarding the timing of any share appreciation following any favorable jury verdict.

On a related subject, I have been proposing for years that even a highly favorable settlement (the kind of IDCC longs most fantastic dreams) will not leave anyone behind. Look at the Qualcomm/Ericy settlement. The day after the settlement was announced, Qualcomm shares shot up a few percent, I don't remember the exact amount but they didn't double or anything near that. It seemed for the next few months the price just kept climbing. It took 9 months for the shares to reach a peak. Those who didn't own ANY Qualcomm shares on the day of the announcement could have bought in the following days (or even weeks) and made very substantial profits. And this was with a private settlement which was final and not subject to further uncertainty or judicial review.

This sheds considerable doubt on the claim that those who trade IDCC shares will miss out on the big money. For one, we don't know that there ever will be a favorable settlement or significant appreciation of IDCC shares. Secondly, even if there is wild appreciation of shares, there will be plenty of time to take advantage of it right after any good news is announced. Stocks do not appreciate many fold overnight based on a court ruling or even a private settlement, it just doesn't happen. At least not with the sort of circumstances surrounding IDCC where the possible outcomes are known in advance and rehashed on a daily basis on stock discussion boards.

So, even if the wildest speculations of the most optimistic IDCC bulls are correct, that IDCC is a $250 stock, it will not get there overnight. Better to sit on the sidelines (like I am currently doing) and jump in if the story takes a turn for the better and ride the good news to the heights that are currently only considered by the most creative and wishful dreamers.

Once