Friday, December 10, 2010 10:30:56 AM
I have followed Intellectual Property stocks for about 15 years. Although I was aware of IDCC years ago, I have only been following it closely for about 3 years. The current situation with IDCC reminds me of Rambus in early 2006 when Rambus had several pieces of news that caused the stock to rise from 16 to 36 in eleven trading days. Rambus signed a small license with AMD in early January 2006 (about 5 Million per quarter), then two days later won a verdict on spoliation against Hynix in Judge Whyte's court (still under appeal). They were also in settlement negotiations in Judge Seaborg's court with Samsung, Hynix and Micron (none of which resulted in a settlement at that time). In those eleven trading days, RMBS' stock skyrocketed. This was a combination a couple of pieces of good news and a short squeeze.
http://finance.yahoo.com/q/hp?s=RMBS&a=11&b=30&c=2005&d=00&e=17&f=2006&g=d
Prices
Date Open High Low Close Volume Adj Close*
Jan 17, 2006 35.44 36.15 33.85 34.27 18,572,900 34.27
Jan 13, 2006 32.90 34.42 31.51 34.25 20,195,700 34.25
Jan 12, 2006 33.14 33.90 32.16 33.72 21,958,800 33.72
Jan 11, 2006 30.04 34.82 30.01 32.20 41,433,500 32.20
Jan 10, 2006 27.75 28.75 27.38 28.31 11,074,000 28.31
Jan 9, 2006 23.12 28.81 22.87 28.20 24,843,800 28.20
Jan 6, 2006 22.24 23.00 21.79 22.94 4,999,900 22.94
Jan 5, 2006 22.67 22.75 21.12 22.23 18,826,000 22.23
Jan 4, 2006 18.32 18.50 18.02 18.49 2,884,200 18.49
Jan 3, 2006 18.03 18.20 17.50 18.20 6,623,800 18.20
Dec 30, 2005 16.44 16.48 16.00 16.19 997,900 16.19
With IDCC, we know the dividend is coming and we know from Tuesday's analyst conference that IDCC is currently in settlement discussions with Nokia and several others (Motorola, Sony/Ericsson, ZTE, and Huawei, among others). We know that LTE is ramping and IDCC has the key IP that covers the standard (along with QCOM and few others). We know that the 3G market is growing 20% per year and IDCC only has 50% of that market currently licensed.
It just feels eerily similar to that time 5 years ago when Rambus blasted off......let's hope I'm right.
JMHO,
NJ
Recent IDCC News
- InterDigital Wins Two CSI Awards for Best Immersive Video and Video Processing Technology • GlobeNewswire Inc. • 09/16/2024 12:30:00 PM
- InterDigital Announces Annual Recurring Revenue Target Of $1 Billion By 2030 • GlobeNewswire Inc. • 09/16/2024 12:00:00 PM
- Interdigital Announces Increase of Regular Quarterly Cash Dividend • GlobeNewswire Inc. • 09/10/2024 12:00:00 PM
- At 6GSymposium, InterDigital to Lead Crucial Discussions on Emerging Use Cases and Avenues Towards 6G Profitability • GlobeNewswire Inc. • 09/09/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:05:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/05/2024 08:01:37 PM
- InterDigital to Showcase Excellence in Broadcast and Immersive Video Solutions at IBC 2024 • GlobeNewswire Inc. • 08/29/2024 08:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 12:17:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:06:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 01:05:55 PM
- More than half of connected devices will be haptic enabled by 2028, revealing exciting opportunity for immersive video • GlobeNewswire Inc. • 08/20/2024 08:00:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/19/2024 08:19:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 12:28:06 PM
- InterDigital Announces 2024 Investor Day • GlobeNewswire Inc. • 08/01/2024 12:45:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/01/2024 12:35:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 12:32:54 PM
- Interdigital Announces Financial Results for Second Quarter 2024 • GlobeNewswire Inc. • 08/01/2024 12:30:21 PM
- InterDigital signs license agreement with Panasonic • GlobeNewswire Inc. • 08/01/2024 08:30:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:52:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:48:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:47:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:45:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:40:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:37:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 12:31:56 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
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