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That Rambus decision must've made the IDCC management hair crawl--if there is a deal--and its close--I would say dont be greedy and go for it.
Why couldn't an entity offer a nice premium over the market to shareholders but much less than what IDCC management might want?
It would be nice to see it run up to 60 over the next few days and sell for 110:) Just a quick aggressive conclusion
Did it mention how many employees from Idcc were looking into new jobs?
Doesnt Barclays have the right to exercise 4mm shares?
Question on those warrants to Barclays--they only strike them if they take the price over 66?? Tia
That is the kiss of death:)
My fear is the fall out if there is no sale. I think there will be one--but it would be tough situation for shareholders if there is not WITHOUT something else(Nokia etc...) You would want to see something positive after all of this time. I think I said it before plan B. If its business as usual--I'm scared the market will see this company as weak.
My guess
If there are multiple employees of IDCC(which is their bread and butter) looking elsewhere for jobs--this thing is sold.
Hopefully it comes out as an aggressive quick surprising buyout.
Well I hope there is no respect until next Monday so I can buy 2k more shares!!! If anyone is out there from Interdigital DO NOT do anything until I get my extra money in:) please:) pretty please:) Ive been a faithful one year shareholder!!!
Id rather it not be sold---but the company put its neck out(and their shareholders as well) They couldve kept this whole thing quiet--but they chose not to. So they better have a nice plan B---they need to take many shareholders fiduciary interests BOTH short and long term into consideration.
dmiller--what price do you think the company can and would sell at? I would say north of that 82 but would possibly accept slightly below---75 or so. Id be very happy with that number if it is presented. It would be very very difficult for management to walk away from this with a lower stock price while producing nothing after several months. I think jobs should be on the line
Well I hope you get your 118-400---sorry if your target has changed. It sounds like there are many who just want a culmination-type ending just to move on. I can understand that--
If you've been waiting 22 years and were presented with the opportunity to sell above 80 without a buyout et al---why didn't you just take it if you're target is only slightly north of that?
The one big concern I have is a negative ruling from CAFC paired with a failed attempt to sell all or part of the company. It's almost like the company "has" to come up with a positive here somehow or their desire to increase shareholder value will end up as a self-destruct mechanism.
Honest opinion of where you think the share price will end up(if there is an actual sale of the company and perhaps why you think that) Would like to see many posters thoughts pro con--whatever. Have been a shareholder for about a year myself
My guess is 87.50 I think it will be north of the all-time high but not by much. I think they almost need to get a deal done at this point and that will cause the company the inability to maximize its final price. I do not believe one company will buy IDCC.
I don't think they can sell?
It was nice to run-up--but the disappointing part is the actual share price is lower than when all of this started. I personally don't think there will be any sale of the entire company--but rather a partial asset sale and a stronger focus on what is left.
If they ended up with a deal like that--why even sell the company? With IDCC's profit margin and stronger position in 4G et al--couldnt the stock run up to 175-200 within itself with a strong win?
When I first came on here I heard proclamations of possible share prices of 500 or 1000 etc..
Exactly what is the conduit that would make this stock move ANYTHING like that over time?
I'm sorry I'm late to the game. What is the new information that was submitted? It seems from reading the briefs--that the NOK lawyers can really work with the words. Even if there is new information--why would the odds change? the odds are that 67% or better don't get the ruling change--don't you think NOK factors that in?
jm--if Nok has a 67% or better chance of winning this appeal--other than settling for a deal that really works for them--why not wait it out? Makes sense--odds are on there side.
Actually when you cross back over both the 5 and 10 Ma it's considered a break out.
http://finance.yahoo.com/q/ta?s=IDCC&t=1y&l=on&z=l&q=l&p=m5%2Cm10%2Cm20&a=&c=
The stock had very good volume from the 4th through the 21.(volume precedes price) A big volume day like 3--6mm shares--I believe the stock would be 20-25% higher following the crossover(upper 50's). If they had good news--even if it's semi-good news like a small license--they can really jump-start the stock. I think we could see 55 without news anyway but it's better to continue to show fundamentals with price growth.
I am concerned with that 33% rate that someone mentioned about CAFC--but you cant win if you don't play:)
Is there a certain % of cases that are actually overturned at CAFC? Is it a common occurrence?
It is up close to 4 bucks right now
1.65 X4= 6.6B in additional cap space and rising. Qcom is now worth at-least 91B and I see that moving well over 100 in the near term.
The chart shows truly a baby qcom
http://finance.yahoo.com/q/ta?t=my&s=QCOM&l=on&z=l&q=l&c=idcc
The sick part is that Interdigital had a higher market cap at times in the early 90's
Every point that Qcom adds is worth more than the entire IDCC market cap sans cash. Wouldn't Qcom be in better position to leverage IDCC patents going forward? If they bought IDCC for 4B how much would that return to them over 10 years?
That's 3.4b for the patents and 600mm in cash.
I think that you will see Qcom over the next 6 months move to 70
70X 1.6B= 112B will Idcc be worth 10% of qcom at that point?
Qcom has incredible Q
http://finance.yahoo.com/news/Qualcomm-Announces-Record-prnews-3734190789.html?x=0&.v=1
SAN DIEGO, Jan. 26, 2011 /PRNewswire-FirstCall/ -- Qualcomm Incorporated (Nasdaq:QCOM - News), a leading developer and innovator of advanced wireless technologies, products and services, today announced record results for the first quarter of fiscal 2011 ended December 26, 2010.
"We are very pleased to report record revenues, earnings per share and MSM chipset shipments this quarter driven by increased demand for smartphones and data-centric devices across an expanding number of regions and price points," said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm. "In addition, we have resolved one of our previously disclosed licensee disputes, which will be reflected beginning with the second fiscal quarter results. We continue to execute on our strategic objectives as our partners leverage our technologies and solutions to offer leading wireless products and services to consumers around the globe. We believe we are uniquely positioned to benefit from these industry trends and are substantially raising our revenue and earnings guidance for the fiscal year."
First Quarter Results (GAAP)
* Revenues: $3.35 billion, up 25 percent year-over-year (y-o-y) and 13 percent sequentially.
* Operating income: $1.11 billion, up 26 percent y-o-y and 33 percent sequentially.
* Net income: $1.17 billion, up 39 percent y-o-y and 35 percent sequentially.
* Diluted earnings per share: $0.71, up 42 percent y-o-y and 34 percent sequentially.
* Effective tax rate: 12 percent for the quarter.
* Operating cash flow: $48 million, down 96 percent y-o-y due to a $1.5 billion income tax payment.*
* Return of capital to stockholders: $309 million, or $0.19 per share, of cash dividends paid.
Non-GAAP First Quarter Results
Non-GAAP results exclude the Qualcomm Strategic Initiatives (QSI) segment, certain share-based compensation, certain tax items that are not related to the current year and acquired in-process research and development (R&D) expense.
* Revenues: $3.35 billion, up 25 percent y-o-y and 13 percent sequentially.
* Operating income: $1.42 billion, up 25 percent both y-o-y and sequentially.
* Net income: $1.35 billion, up 29 percent y-o-y and 22 percent sequentially.
* Diluted earnings per share: $0.82, up 32 percent y-o-y and 21 percent sequentially. The current quarter excludes $0.05 loss per share attributable to the QSI segment, $0.07 loss per share attributable to certain share-based compensation and $0.02 earnings per share attributable to certain tax items (the sum of Non-GAAP earnings per share and items excluded do not equal GAAP earnings per share due to rounding).
* Effective tax rate: 19 percent for the quarter.
* Free cash flow: $127 million, down 90 percent y-o-y due to a $1.5 billion income tax payment* (defined as net cash from operating activities less capital expenditures).
*The $1.5 billion income tax payment primarily related to the 2008 license and settlement agreements with Nokia.
At what point would we hear about the CAFC results? I cant see a ruling taking more than 2 weeks or so.
One bit of good news and this will be 70 quick.
http://www.reuters.com/article/idUSSEU00322920110126?feedType=RSS&feedName=hotStocksNews&rpc=43
EOUL | Tue Jan 25, 2011 11:10pm EST
SEOUL Jan 26 (Reuters) - LG Electronics Inc (066570.KS) posted a record quarterly loss, as an absence of premium models continued to hit its phone business, while the TV division also lost money on intensified price competition during the year-end holiday season.
The world's No.2 TV maker and No.3 handset vendor on Wednesday reported a October-December operating loss of 246 billion won ($219.8 million), its second consecutive record quarterly loss and worse than a consensus forecst of a 165 billion won loss polled by Thomson Reuters I/B/E/S.
According to SmartEstimates, which places more weight on recent forecasts by top-rated analysts, LG Electronics was expected to report a wider 336 billion won loss in the quarter.
Under founding family scion Koo Bon-joon, who took the top job at LG in October to revive the struggling handset business, LG is slowly regaining lost ground with premium models such as Optimus 2X and Optimus Black smartphones and new 3D and Internet television lineups.
Shares in LG, which trails Nokia (NOK1V.HE) and Samsung Electronics Co (005930.KS) in handsets and competes with Sony Corp (6758.T) and Panasonic Corp (6752.T) in flat-screen TVs, have risen by a third from its recent lows in November, beating a 10 percent gain in the KOSPI .KS11. (Reporting by Miyoung Kim; Editing by Dhara Ranasinghe)
The one thing I look back at with IDCC is the stock repurchase level and 600mm spent. I have to wonder over the last few years if there wasn't something more valuable to shareholders in terms of acquisition that couldve been made with that very substantial amount of cash. I'd rather have 65mm shares out with 1.1b in cash(or a very valuable conduit in terms of acquisition) I mean right now with Nortel's patents up for sale--wouldnt that 600mm extra be looking very nice in the bank??
Samsung Galaxy 4G Landing on T-Mobile
PC World
CES might be over, but the 4G phones keep trickling in. As a part of its aggressive 4G plans, T-Mobile announced that the Samsung Galaxy 4G will launch in the first half of 2011. But will it have the specs of the hot next-gen Galaxy phones? It doesn't seem like it.
Specs for the Samsung Galaxy 4G on T-Mobile aren't clear, but we do know that it will have a Super AMOLED display--not the newest Super AMOLED Plus display. At CES, Verizon unveiled an unnamed LTE phone with a 4.3-inch display as well as a phone on AT&T, the Infuse 4G, with a monstrous 4.5-inch display. According to Samsung, Super AMOLED Plus displays have an increased number of sub-pixels by 50 percent and perform even better in bright light than the first-gen Super AMOLED displays.
On the Samsung Mobile website, the company is trumpeting the arrival of "something big" on Feb. 13, which coincidentally is the week of Mobile World Congress in Barcelona. The rumor mill is buzzing about what sort of specs the next generation of Samsung Galaxy phones will boast. A dual-core processor, an 8-megapixel camera and built-in NFC support are just a few of the exciting features the next-gen phones could sport.
As much as I'd like the Galaxy 4G to have some of these features, I have a feeling it won't be too dissimilar from the Samsung Vibrant-just with HSPA+ support. All we know about the T-Mobile Samsung Galaxy 4G is that it will run Android 2.2 (Froyo). T-Mobile tells us that they will provide more details (and hopefully provide some images of this thing).
The moniker "4G" implies faster and T-Mobile's HSPA+ network is certainly faster than its 3G network but right now, it is quite uneven in terms of coverage. And T-Mobile's claims that its 4G devices can achieve "theoretical" download speeds of 21 mbps have yet to be proved in our own speed tests. When we tested the T-Mobile G2's data speeds in several neighborhoods in San Francisco, we found the "4G-like" speeds of T-Mobile's HSPA+ network (4 to 6 mbps on downloads and 1 to 2 mbps on uploads) in roughly half of them. The fastest speed PCWorld achieved was 14 mbps and that was with the T-Mobile webConnect Rocket USB modem.
T-Mobile today also announced at an investor event that it plans to heavily promote its "4G" wireless network, improve in-home device coverage, and by offer low-price options for smartphone newbies.
Panl has nearly the same exact chart over the last 10 years as IDCC, although they are up +300% this year(notice the same strong move in the last month or so). Their fundamentals in terms of cash are not close/
http://finance.yahoo.com/q/ta?t=my&s=PANL&l=on&z=l&q=l&c=idcc
Stock is looking very strong--almost seems coiled.
I believe there was 58mm shares out in 2000 when the stock ran from 10-80 pretty quick?
now I know different time different place...but
there is only 43mm OS now 16% of which is short many more large holders
+ possibly three large short term catalysts
who says there isn't juice to shoot this to 150-250 in 2011? I think IDCC has every shot in the world. Right time right place. The little spurt up was just the start.
this stock is poised to have it's time--it's all there and its been a long 10+ years.
I have my own model that I will share that could give us a market cap of 25B or almost 600 per share that I will post later on today.
What would one believe if everything goes IDCC's way over the next few years, the absolute upside potnetial stock price not being conservative:)
IGO introduces it's new portable speaker
http://www.igo.com/accessories/pocket-speaker/invt/ac050510001/
Only 19.99!
iGo seems very serious about product expansion. It has many conduits to create tremendous shareholder value over time.
They used to have this website called 1-100 many years ago--well about 10-12 years ago:)
Bow it was very possible to see stocks back in 1997-2001 do movements like that. Probably the most incredible one was eDig, something like .01 to 27$. I do think that IGOI has serious potential to be a 1-100/200 stock one day. It's so under the radar that's is almost laughable, but I think if you invest good money down here today ,you're going to haev a mutli million dollar gain in 2-4 years.
I think that WAVX could ping pong between 2-4 for quite some time. I do have a WAVX position(15k shares) because I believe I bought in a near term low(2.23-2.24) Id love to see it double again or close to it. I've been following for all of these years and was in it a couple more times. I really thought WAVX was a goner at one point, but they've been very good at survival. I'm highly concentrated on another stock that I believe has 20-40 times the potential of WAVX, kind of what I thought of WAVX back in 1998. But I don't poo poo a nice extra hit if WAVX can go over 4 in the next 6 months.
Cheer$