According to my conversation you are correct.
IDCC is making every attempt to be more transparent thus what we heard and saw a the Jeffries conference yesterday.
Conference went well several institutions will be making trips to KOP.
They also have another Conference scheduled after the ASM.
The patent sale may be done before the end of the 2nd qtr. Nothing new there except an nice earnings beat.
Overall they are trying to be more aggressive in attracting Institutions. Don't think we have to worry about a mgmt led BO but I am concerned about a cheap hostile at this point.