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Re: management change needed?

By: sonic22 in IDCC | Recommend this post (0)
Sun, 22 Dec 13 11:28 PM | 222 view(s)
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Msg. 47090 of 48237
(This msg. is a reply to 47088 by zzfan)

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Loop,

I have always wondered how far off the rates IDCC is asking vs what they are willing to pay. Were getting close to the point where the legal fees will surpass the royalty money going forward especially if the 868 case goes the way of the CAFC. At this point I don't have a problem accepting less for rates. The share count is at 40M we would reduce expenses significantly and even a modest 350-400M in recurring revenue would bring us a nice $5 EPS which even at a P/E of 10 would get us to $50.

Unfortunately now where we are I don't see why the infringers would pay now even for lesser rates, they have won twice here in the US courts which is why I believe it all rests now on the 868 case to get infringement.


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The above is a reply to the following message:
Re: management change needed?
By: zzfan
in IDCC
Sun, 22 Dec 13 8:38 AM
Msg. 47088 of 48237

Merritt and Fagan also took credit for the Ericy settlement and created the press release that set out the amounts owed IDCC by Nok and Sam as a result. This blatantly violated the confidentiality clauses in both licenses. The BOD should determine what the actual difference was between Nok's 3g bid rate and IDCC's 3g ask rate. If it amounted to 25 cents or less, the money we have spent on legal fees would come out a wash. If we had been collecting from all of the players at x% per terminal, we would have loads of cash, would not have rushed to judgment in the Apple license and have a list like Qcom of paying licensees as we move to Lte. They should use the empirical data and if it is material, then ask for his resignation and get some new blood that is not tainted within the sector to salvage something for 3g and begin a uniform FRAND license applicable to any and all manufacturers period without deals for anyone including volume discounts. Creative licensing has been and will continue to be a loser if the goal is to license all of the manufacturers. We will no longer have to root on who sells the most terminals.

MO
loop


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