Replies to post #23997 on InterDigital Inc (IDCC)

[Danny Detail]

broken80 .. Here is the great news I've seen since I first bought in November, 1999:

- Current coverage by two clearly professional sell-side analysts with every reason to believe that others are close to initiating coverage.

- Invitation to present at the Piper Jaffray Technology Conference in NYC on 5/14. I know PJ to be a broker that is highly respected nationwide with a strong institutional following.

- Increase in institutional ownership from below 20% to approximately 30% with strong indications that it will continue to steadily rise.

Everyone has different views on what it will take to make the share price rise. The litmus test for me has always been IDCC's ability to attract institutional money and IMO IDCC has produced on that score and that is all the "good news" I need.

Regards,
Danny

[ziploc_1]

Assuming IDCC patents are viable, tthe biggest mistake we have made in recent years was to use MFL contracts. To correct this we need to stop using MFL contracts but to let our rates be determined by:
1. how early the lessee signed on
2. the volume of his business
3. the promptness of his payment
Like it or not, this is a litiginous business. Companies do not like to pay for patent rights. Even after signing, they don't like to pay. If we do not have two or three cases in litigation at any given time, we probably are not doing our job. New hires should emphasize lawyers rather than engineers. I look forward to seeing some announcements of new litigation at the August CC on Q2 earnings.