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Re: ASM-KOP FINAL NUGGETS ($30 and $40s) ...

By: Rakitno in IDCC | Recommend this post (0)
Mon, 11 Jun 12 4:36 AM | 320 view(s)
Boardmark this board | InterDigital Communications 		Msg. 45423 of 48237
(This msg. is a reply to 45421 by Kajo7710)
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As per Bill, management saw early interest in the ENTIRE company in the $30s and $40s.

Bill and Terry knowing about the interest firsthand and at what price points, Terry buys 10,000 shares @ $36.43 spending $364,300. Bill Merritt buys 6,828 shares @ $36.52 spending $249,359 and Janet Point 1,500 @ $36.29 spending $54,435 in early January 2012.

At these prices where they bought, as Terry said, felt the stock is a bargain because they feel a return on their investment can be made.

All very interesting ...

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The above is a reply to the following message:
ASM-KOP FINAL NUGGETS
By: Kajo7710 in IDCC
Sun, 10 Jun 12 12:54 AM 		Msg. 45421 of 48237

ASM-KOP FINAL NUGGETS

AFTER THE MEETING WITH BM

IDCC was part of the ROCKSTAR GROUP for the Nortell auction of Patents. When
the bidding got too rich for our blood, we dropped out.

Why did Nortel sell and we didn't?

Nortel auction was a discreet package of patents- nothing else- with a deadline. If one
did not participate before the deadline, game over.

Constrast IDCC- No bankruptcy deadline - what do you do with the amalgam of management, 300
engineers, all the office locations etc. Parties were interested mostly in just patents and not necessarily
all of them- just certain bundles. There was interest in the whole company in the early going, 30s & 40s
but tailed off as we went to the 80s. When the price came down again interest picked up again. No deadline
no pressure to make a decision- Idcc still here - game not over

Earlier, you said a couple of larger bundles of patents were put up for sale and might be finalized in
3 to 6 months or by the end of the second quarter. Is that still on track?

We have one employee focusing on each bundle we're trying to sell. We are working hard at it but
can't predict exactly when they will be finalized.

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