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Re: zombywolf post# 409682

Thursday, 06/23/2016 12:08:33 PM

Thursday, June 23, 2016 12:08:33 PM

Post# of 432531
Zombywolf,

Lets see how the rest of the year plays out. Huawei will be a big factor of how IDCC can get the rest to sign. I had a $65-$70 target in mind to start selling shares bc at 500M in revenue would roughly produce $5 EPS and a regular PE of 15 puts the stock at $75. I don't think that's at all unreasonable but it also hinges on the fact that IDCC delivers the 500M. We will find out soon enough
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