InterDigital Inc (IDCC)

[asr1]

i never said I could operate better but mgt has a responsibility to it's shareholders..they have signed apple,extended samsung,settlement with msft,etc..They reduced income and took away the upside with the apple agreement,took less money from msft than expected with little explanation and did not even bother to formally announce samsung..Our stock price is down 32% from the high and 20 something % from those signings with a hot market..If this was a good thing Idcc should have had a follow up plan with either a dividend increase,a one time dividend ,a new license,new buyback plan,something with 5g(monetary) or some combination to show confidence in the future..I hope their is something going on in the short term that would explain this..they should have known it would have been a problem for the stock,especially with such low trading volume.Our PE is low for this kind of stock(take away one time income,don't count cash or any future increase..it is in the 15 to 17 range(depending on expenses)..which is low for a wireless growth stock..This stock is way under valued and I do blame management and the way they have handled the last 12 months..I will stay in because I have primarily been an investor in this stock and not a traitor.I,too,have a lot of low cost shares but I look at all my investments on a current basis..jmho...if mgts behavior continues for the rest of the year then I will move on..