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Re: Positives (Sonic) ...

By: sonic22 in IDCC | Recommend this post (0)
Mon, 30 Apr 12 2:59 AM | 444 view(s)
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Msg. 45035 of 48237
(This msg. is a reply to 45033 by Rakitno)

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Raktino,

Thanks for the clarification on revenues. I agree about the "machines" and how they are playing us. However I do think mgmt needs to come through this year on what they have been preaching to us over the years. These next 8 months are critical for IDCC to regain the respect back of WS. Also I was wondering about the staff position at the ITC and if they will release their opinion and on the CC WM specifically mentioned it. If you remember the staff basically ruled against us back in the NOK ITC and the judge went down the same path as the staff. If we can get the staff to side with IDCC on even 1 patent I will feel very comfortable going into the trial. Also i'm very curious to see who the major 4G license is that RS mentioned in his report.




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The above is a reply to the following message:
Re: Positives (Sonic) ...
By: Rakitno
in IDCC
Mon, 30 Apr 12 2:31 AM
Msg. 45033 of 48237

Sonic, there is no doubt, there are some positives in the 10Q. The machines over reacted and drilled us because the algorithmic variable "missed earnings" was defined and shit hit the fan with the price. I hate this market and I hate that we are on the radars of the scum of the earth the shorts because of last year and my hope is that they all get gutted; day traders, scalpers, shorts and hedgies get gutted like a goat at an afghani wedding ... Anyways, back to the 10Q ...

You're off with your revenue amounts. Per the 10Q:

As of March 31, we'd deferred $33.1 million in revenue in connection with this arbitration, including $3.4 million of revenue that we did not recognize in the first quarter 2012.

So 3.4M of deferred revenue related to Q1.

Later in the 10Q it says:

Together, the disputed royalty revenue from these two matters totaled approximately $8 million a quarter over the last two quarters. A third arbitration is currently in process, also relates to product coverage. 

Meaning totally quarterly revenue is approximately $8M from these two arbitrations (not including the third arbitration because that is ?), therefore, annually that is $32M additional revenue, net of taxes that is approximately $.50 of additional earnings annually.



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