Replies to post #23792 on InterDigital Inc (IDCC)

[Dishfan]

Rox, questions,

How do you come by your opinion?

In some minds he is even a detriment to the company because of his background (or lack of relevant background) and style ...especially if he is participating in any outside meetings

Are the "some minds" on this message board?

[rmarchma]

Rox re Harry's capital bailout of IDCC

I have heard several posters lately say how Harry bailed out IDCC when it was about to go under. I have been a stockholder for a long time and still do not know the specifics re this matter. I know there was a time or two in IDCC's past when they experienced periods of financial difficulty. I think they raised money one time with with some type of unusual stock issue. However, I personally do not recall anything about Harry's alledged bailout of the company.

Could you or anyone else please furnish some details. When did this occur? How much money did Harry infuse into the company? What did Harry receive from IDCC in return? What were the circumstances? Any other pertinent specifics?

[blueskywaves]

In some minds he is even a detriment to the company because of his background (or lack of relevant background)

Are these the same minds that also want him to buy a blonde toupee?<g>

I don't know the size of Qualitex, but if its marketing claims are true then it actually has the kind of market ubiquity that we want IDCC to get for its technology.

Leading the industry in fit, performance and durability, Sun Glow® Press Pads are consistently used by more award-winning dry cleaning plants, by a margin of 8 to 1, than any other press pad on the market.

Every major original equipment manufacturer in the United States installs Sun Glow® pads on their dry cleaning press machines at the factory as part of their original equipment. In terms of quality and performance no other press pad compares to Sun Glow® press pads.

http://www.qualitexco.com/http/pads.html

Business acumen is business acumen. That's actually harder to find than scientific or engineering talent. I think the best indicator of the effectiveness of his leadership is that IDCC was able to participate in the growth of the industry when handset volumes went from 115 million units in 1997 to 423 million units in 2002. None of the brainiacs who lead IDCC before HC could have done this.

Post-settlement revisionism is always tempting and it just makes it easier to second-guess..................everything.