I don't want to say I told you so, but I told you so --earnings and revenue would be lousy. Couldn't be anything else without LG or any new licenses being signed.
Normally, this would be very bad news for a company which was managing its business very badly. But, because we have a chairman who, uncharacteristically, actually cares about his stockholders, this is not actually bad news. If you don't believe me, just take a look at the after hours close compared with the 4:00 EDT close. We are not being treated to another uninspiring and depressing discussion of results by William Merritt because our chairman, Terry Clontz, has arranged to sell the company at a price that we could not have earned our way into if we had kept keeping on for another 20 years.
For those of you (like me) who are unlikely to be alive 20 years from now, it is time to say a big THANK YOU to Terry Clontz. Thank you, Terry Clontz!
And for those of you who plan to short IDCC on the open tomorrow morning (and I see there are many of you posting on this board), I will just say (black cap, please): May God have mercy on your soul.