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Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Lurgio who wrote (4582)	11/8/2000 10:41:30 PM
From: Bux	Read Replies (1) \| Respond to of 5195

Jim, don't tell me you are not familiar with "emoticons"? You know the little smilies, winks and frowns used to convey meaning within electronic messages? What do you think Once meant with this: "Let's just say Bux has a lot in common with me and leave it at that ;- )" Hint: see the little "wink" at the end. I don't know why you are so upset over this. Do you even think it matters whether I called myself Bux, Once or Robert Sheldon? The fact is, without being granted a court subpoena, you will not know whether a lot of chat board participants are who they say they are, even if they use a "real" name. I exercise my right to remain anonymous and my handle is really not relevant. I haven't lied and as you can see in the examples, I don't deceive, I just exercise my right of anonymity. I don't see why this troubles you since all my analyses and opinions are based upon publicly available information. I don't have, nor have I ever claimed, inside knowledge or secrets about IDC so I see no need to identify myself beyond whatever handle I choose. If you don't like it than exercise your right to put me on ignore but please stop calling me a phony and insinuating my "agenda" is less than noble. My only hope is that I can offer something of value to other small investors such as myself and counter some of the hype that has been distributed by the IDC boosters. After all, isn't that the value of these boards? Bux

To: Jim Lurgio who wrote (4582)	11/8/2000 11:49:56 PM
From: Bux	Read Replies (1) \| Respond to of 5195

If one looks just at recurring royalty income and omits licensing and other revenue streams it is apparent that it's growing. According to management, the recurring royalties are from TDMA licenses. How much of a premium do you think an investor should put on a royalty stream that will soon be displaced by CDMA? How long will this stream grow? Also, according to guidance given by management during the 3rd Quarter earnings release, recurring royalties and specialized engineering services are expected to come in flat for the 4th quarter. That means the 19 million for the first 9 months of 2000 could be estimated to be roughly 26 million for the entire year 2000. Even if it were pure profit with no overhead it would only amount to less than $.50 share. The trouble is, there is plenty of overhead and these revenues are (IMO) being wasted to unwisely go head to head with WCDMA ASIC manufacturers who are much better funded. It's a risky move that will, in all likelihood, be a huge waste of cash. In any case, do you think TDMA royalties will grow for more than a couple more years and do you think any TDMA growth we do see will be as robust as that which has already happened? I wouldn't base an investment in IDC on TDMA royalties and it remains to be seen if IDC will be able to collect significant CDMA royalties. If they do, it won't be for a couple of years so I wouldn't hold my breath. Bux