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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (44324)	12/13/1999 7:37:00 PM
From: Maryann M	Read Replies (1) \| Respond to of 108040

Jane -- Check this out. I'm really high on IDC. This came off of the Dow Jones newswire tonight! Yeah!!!! They make reference to IDC as a baby QCOM!!!!! NEW YORK (Dow Jones)--Interdigital Communications Corp. (IDC) took its second consecutive double-digit gain Monday as investors speculated that another company may be using the telecommunications concern's patented technology. Sometimes referred to as a baby Qualcomm Inc. (QCOM), Interdigital completed a two-day run-up that began Friday when the stock jumped 60%. Over the past two days, the King of Prussia, Pa., company has seen its shares soar 83%. The stock was the second most actively traded issue on the American Stock Exchange Monday. It closed at 20 that day, up 2 1/2, or 14.3%, on volume of 5.7 million, compared with a daily average of 598,600. Earlier, shares hit an intraday high of 22, past the previous 52-week ceiling of 18 1/4 set Friday. There was no hard news out, only speculation that another company may be using Interdigital's patented system for use in code division multiple access (CDMA) - a form of digital cellular phone service. Interdigital officials would not comment on those rumors. The patents are already the center of pending lawsuit with Ericsson Telephone Co. (ERICY). Interdigital recently received notice that it received two reexamination certificates on three patents from the U.S. Patent and Trademark Office. Rip Tilden, Interdigital executive vice president of communications and investor relations, said the company owns 800 patents around the world on CDMA and time division multiple access - a technology used to separate multiple conversations transmitted over the air. Those patents should be worth substantial revenue as the world moves to a third-generation standard for wireless data and voice transmissions, Tilden said. "We do feel we've got pretty good long-term growth prospects," he said. "That seems to have given investors confidence in our long-term potential." - Johnathan Burns; Dow Jones Newswires, 201-938-2020, johnathan.burns@dowjones.com (END) DOW JONES NEWS 12-13-99 06:10 PM

To: Jane4IceCream who wrote (44324)	12/13/1999 7:45:00 PM
From: Maryann M	Respond to of 108040

Jane -- this PR also came out today on IDC. Now that you sold USWB before it tanked today -- you may want to nibble some IDC. p.s. wonder why the market didn't like the Whit & USWB news? INTERDIGITAL EXECUTIVE TO CHAIR BROADBAND WIRELESS ACCESS STUDY GROUP King of Prussia, PA, December 13, 1999 . . . InterDigital Communications Corporation (ASE: IDC) announced today that Brian Kiernan, Senior Vice President, will chair a new Study Group of the IEEE (The Institute of Electrical and Electronics Engineers, Inc.) that will address the wireless data needs of residential and home office users as well as telecommuters. The new Study Group will focus on Broadband Wireless Access (BWA) and will investigate establishing air interface specifications for fixed point to multi-point BWA systems operating in radio frequency bands below 10 GHz. This work will be done within the IEEE 802.16 Working Group on BWA which is moving quickly to standardize a BWA air interface in the 10-66 GHz frequency range The Executive Committee of the IEEE 802 LAN/MAN (Local Area Network/Metropolitan Area Network) Standards Committee created the new Study Group during its most recent meeting upon the request of 802.16 which named Mr. Kiernan as Chair. The new Group has received strong interest from more than 30 companies in the data communications industry and hopes to foster widespread industry support for a high-speed wireless data transmission standard suitable for residential, SOHO (small office, home office) and telecommuting applications. Mr. Kiernan will lead the new Study Group in assessing appropriate frequency bands as well as technical and business community interest and in working with other standards development organizations such as the ITU, T1P1 and ETSI. He commented, "The development of standardized air interface specifications for lower frequency broadband wireless services such as MMDS (Multi-channel, Multi-point Distribution Services) could greatly expand the availability of low cost, high speed Internet access to the home. There is strong support for this effort in the datacom community and we are eager to encourage this nascent industry." Mr. Kiernan is responsible for InterDigital's worldwide standards efforts. Under his direction, InterDigital has actively participated in fixed wireless access and 3G standards development groups by contributing design ideas, concepts and methodologies. Howard Goldberg, Interim President said, "Brian's participation in this Group reflects our commitment to help shape global telecom standards and our strategy to grow as a provider of advanced technology solutions. We are continually exploring new growth opportunities consistent with our core competencies in fixed and mobile markets." InterDigital has a strong heritage in the development of digital wireless technology and the deployment of fixed wireless access systems for subscribers throughout the world. InterDigital believes its extensive experience in this area will be of great benefit to the new Study Group. The transnational Institute of Electrical and Electronics Engineers, Inc. is the world's largest technical professional society. The IEEE 802.16 Working Group on BWA develops standards and recommended practices to support the global development and deployment of fixed broadband wireless access systems. 802.16 is a unit of the IEEE 802 LAN/MAN Standards Committee, which is the world leader in computer networking standards, defining wired and wireless Ethernet. 802.16 is cosponsored by the IEEE's Computer Society and Microwave Theory and Techniques Society, and it publishes through the IEEE Standards Association. For more details, see the 802.16 web site: nwest.nist.gov. InterDigital is creating innovative solutions for mainstream wireless applications that deliver cost and time-to-market advantages for its customers. For more information, please visit InterDigital's web site: www.interdigital.com. ### Back to Current Releases Copyright ¸ 1999 InterDigital Communications Corporation. All rights reserved.