Ranger, just wanted to clear up something you stated on Yahoo. You stated something to the effect that IDCC will be recognizing something like $65 million as a reversal of income tax expense during the quarter. That is not entirely correct. They have something like $100 million of a deferred tax asset that they previously wrote off in effect. Now that they will have taxable income they will have to reverse that write off. When they do, according to IDCC, most of it will actually not impact the income statement as a large part of it will just hit additional paid in capital on the balance sheet. They will not get a meaningful positive impact from this reversal on their income statement. Not sure why that is, just wanted to clear up what may be misleading. I personally wouldn't expect more than 10-20 million impact on the income statement for the reversal. All going from memory and I am certain Olddog will be able to correct me if there was some actual filing on the matter.
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