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Re: Snowman, I have been thinking about that and I don't really see that there is a choice. 

By: DCLARKE in IDCC | Recommend this post (8)
Fri, 27 Jan 12 9:05 PM | 326 view(s)
Boardmark this board | InterDigital Communications
Msg. 44409 of 48237
(This msg. is a reply to 44408 by drwein72)

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I think your conclusion is way off. The problem was not fit but the process. I am guessing that when first approached to bid nobody stepped up as it makes no sense to post a big number with a breakup fee at that point. Nobody wanted to go first. After that stage did not produce results the collusions I mean consortiums took over and probable decided to wait. It was obvious that having to announce the lack of bids or sale would punish the stock and soften up the shareholders. The possible suitors and their reps are good at this game. Now, there is no hurry and the CAFC decision coming. I am guessing after the decision good or bad, things will heat back up. That being said I think Interdigital will be more aggressive going forward which is a good thing. This process has been tough on the shareholders but I think it will help in the near term. Anyone that thinks this whole buyout saga is over is plain wrong, imo.

Dclarke


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The above is a reply to the following message:
Re: Snowman, I have been thinking about that and I don't really see that there is a choice.
By: drwein72
in IDCC
Fri, 27 Jan 12 6:22 PM
Msg. 44408 of 48237

I been wondering what went wrong and have concluded that IDCC is not really good fit with anyone. We have NPEs that buy and license patents but don't create any. We firms that create patents but also make things using those patents (as well as licensing some.) IDCC, on the other hand, creates patents but produces nothing tangible. Part of it suits the NPEs and part of it would benefit the producers of things but no one really needs the whole package. I am hopeful that selling off various pieces to those who need only selected parts of the company will generate significant returns. Merritt cited two companies that combined sold off several hundred or so patents at an average price of $650,000 each. Maybe IDCC can scrape up 1000 or so from its trove and sell them at the same price. Of course, this will only add to a cash pile earning next to nothing. Let's see some real returns on cash for a change.


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