Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
don't look for Santa Claus.....Although I hope I am wrong I no longer expect an annoucement of a new licensee before the end of the year. I am near certain that they are close and that Merritt would not have made the comment if he wasn't fairly certain but if the announcement isn't made by close of biz Friday I think it will wait until after Jan 1, which is fine by me. The analysts and markets might not see it that way but I am here for the long haul so a day, week, or month really doesn't matter much to me. I only make this post so that people think about the fact that it might not happen and that if you are long the stock what does it really matter whether they get it done in Dec, Jan, or Feb for that matter. "Merritts credibility is on the line" some folks say, but he DID NOT prmoise to deliver a new licensee, he said he was optimistic. Prepare your self for a drop if it doesn't happen but to reiterate what does a week or two or 3 or whatever really matter if you are long the stock. Just my two cents...
thanks IQ, I hope that is the case and they are proceeding as planned...
regarding possible new licensees, Merritt's comments came on Nov 13th correct? Based on that we are now almost halfway thru the business days of opportunity to meet that objective. I am of the opinion that those licensees had to be "in the bag, done, finito,....." or it would not have been brought up. My question. What is the timeframe of obligations to announce an event that would have significant impact on finances of a company? My understanding is that it would have to be immediately, which leads me to wonder where we really stand. That "fill in the blanks" and dot the "i's" cross the "t's" has been a problem in the past. If something has been a substantial enough of a hangup to delay it from Nov 13th, might it also hinder results before the end of Dec....just pondering..
Bob, great post in my opinion....I too believe that these guys put some faith in IDCC mgmt due to some of those "hot key" words and they have yet to come to fruition. Once and for all IDCC needs to establish credibility before these folks are going to extend very far. We will get the respect when we earn it and then the stock will fly...in the menatime all of us are in at a decent price, just like what has been said for all the years that I have owned the stock, "we are just early to the party..."
Jimlur,
Based on Interdigitals conservative nature, I believe that most here (Including me) and our analysts FULLY expects a new license by Dec 31. I have to ponder how PO'd the analysts, especially, will be if he doesn't come thru with one by that time.....he certainly set the table, I hope he brings "the food" on time...its all about credibility
happy turkey day to you and all....got greedy this morning and only got 2 out of 3 orders filled. I'll get those last shares in the next 2 trading days.....
amen...and thats why I am buying....My comment was in reagrds to you saying you couldn't see how anyone could see this as a negative....the clowns will always find a way...that is until their short azz gets hung....i rest my case see what the SHORT term share price has done
come on teecee, you have been at this long enough to know that there will be a core group of folks that will find a way to bend this into a negative and therefore manipulate share price. The press release in and of itself will have an effect. As I said last night I have my buy trigger ready for 3000 shares that I WILL buy in the next 3 trading days. We don't have the respect yet that keeps this from happening with any press release that doesn't say "IDCC signs a new license or IDCC awarded XXXX million in litigation". Our day will come and I will have all the shares I dreamed of having.
goblue, I agree with your point and will be ready to grab another batch of shares as I personally think we will see a moderate drop in price tomorrow. Right wrong or otherwise, as always I think the certain group out there will interpret (wrongly) sam arbitration as a negative and this "sort of" ruling from Judge Lynn as a negative. Once again anything that can be construed or slanted as negative towards IDCC will be and will be used to manipulate the price down. I don't like it but I am starting to accept the reality of it. Whenver something is marginal or the least bit questionable IDCC will NOT get the benefit of the doubt and thus the share price will react accordingly. I have dry powder for 3000 more shares tomorrow......which will take me to my highest number of shares ever......might I add that, is anybody surprised that no REAL resounding judgement was rendered today,somehow more delays all the way through seems inevitable, I thought the same thing after the one day delay.....all this is of course MY OPINION
ams13, are we still seeing that "pressure"? thanks, I should maybe say I don't have access to real time quotes so I assume we must be down being you said we may be under pressure
Jimlur, I am really hoping that it is a major manufacturer as opposed to one of the much smaller that I anticipate it will be....your thoughts?
Looks like Piper has adjusted their timeframe on NOK resolution from QTR1, 2004 to QTR 4, 2004
OT: Does anyone know where Mickeybritt is these days and how he is doing?....longtime, no see.
rayfer, I am stubbornly holding pat...probably like many other occassions I should have followed the lead and traded some shares but Merritt's proclomation that more licensees are intended THIS year had me making the committment to hold tight......
crappy day on wall street and we are nearly back to pre-earnings price...and that "ain't right"........
.06 eps....hhhhmmm beat that .03 easily...just as predicted by the gurus here.....way to go ronnie and mschere
Gamco...mark my words NO IMPORTANT NEWS TOMORROW...however we will exceed earnings forecast (analysts, not ronnies or mscheres)easily. I just want people to realize there is no gurantee of news and I doubt there will be any.....loving the move up and holding more long shares than I ever have....
perfecto...that is exactly what I was looking for....time for more to be signed up while we have....momentum?????
ronnie, mschere, or anyone for that matter. I am not sure the IDCC website licensing page is correct. What new or upgraded 3G licenses have we signed in the last two years. thanks
Re: last nights release of the 8-K. Do we have any prognosticators out there as to how it will effect the short term trading and subsequent share price? We have been on a decent roll going in to earnings and I wonder how this might effect that trend....
jaykay, good point and it may be a two headed business decision. Maybe they also see that the NOK and SAM money might not be coming in as soon as they were hoping. Mschere seems to think, or know (as it sounded to me)it will be in the next few months so who knows. I don't expect $$$ from either until 2nd qtr 2004.
mschere, I am not trying to nit pick but do you mean "IF NOK and Samsung money hit", or do you mean "I THINK THE NOK and SAM money will hit", in the next few months
do the legal prceedings with IDCC ever QUIT...geez now the insurance company wants arbitration...I heard the cafeteria workers want arbitration along with the groundkeepers at the K of P office....IMO somebody is not minding the store in the legal dept....its just getting downright ridiculous. I actually would welcome QCOM buying at $50 to get this thing moved forward, apprently we don't have a big enough stick to get ANYTHING finished, we thought we put ERICY to bed back in March
mschere, I while back you posted that you (i think it was you, though not positive)thought institutional ownership had surpassed 50%. Do you think as of today it is or that it will be somehere down the road? Thanks.
Norfolk, All our best to your dad and to the rest of the family. I am sure he knows that his "IDCC family" is thinking about him. We will keep you all in our thoughts and prayers
A little Taste of Wi-Fi....
http://www.msnbc.com/news/980210.asp?cp1=1
my2sons, and maybe, just maybe, not rumoring, just speculating....something significant got done last week across the pond....."Happier at the end of the week than the beginning" and I would imagine EVERYONE that was anybody in this industry was present.....come on Rip, show us why you are smiling......hang tough folks we have hung in this long...BTW lets not get started with all the name calling or this board will go to crap all over again in a hurry....ignore those that bug you
test test...no posts in two hours, in the middle of the day?
wow, RBC not expecting $$$$ from NOK and Sam until Third qtr 2004. Suppose IDCC mgmt provided any of that guidance? Hope they surprise us...
IDCC 8K out, regarding Tantivy purchase....can't access complete form at this time....
Text-messaging craze hits China
BY TIM JOHNSON
Knight Ridder Newspapers
DOUG KANTER, KRT
Men spend their cigarette break using their cell phones in Beijing, China.
BEIJING - Among the world's hottest stocks so far this year are three Web service companies in China's blazing Internet sector that are profiting from the curious way in which computer-savvy Chinese have married the use of the Internet to cell phones.
In China, it's common to see people on the street staring at their cell phones, quickly punching out short text messages on dial pads or reading incoming messages.
The short-messaging services are wildly popular. This year, about 200 billion text messages will zip to cell phones across China. More than a tenth of the messages originate through Internet portals that allow computer users to send news updates, jokes, horoscopes, unusual ring tones and other data to their own cellular handsets or those of friends and acquaintances.
"It's cheaper than actually making a phone call," said Nathan Midler, senior Asia Internet analyst for IDC, a global telecommunications-research firm.
Rising revenues generated by text messaging are one of the reasons that three companies - NetEase, Sohu.com and Sina - have caught fire on U.S. stock markets, rising 20-fold or more in price in the past year. In the first nine months of 2003, all three made the top 10 companies in the Nasdaq's list of firms with the highest price increases.
NetEase has soared from a 52-week low of $1.80 a share last October to a high of $72, before closing Monday at $70. Sohu rose from $1.44 a share a year ago to a high of $43.40 in July; it closed Monday at $37.11. Sina, which was selling for $1.81 a share last October, closed Monday at $41.91 after hitting $45.51 last month.
Some analysts worry about the spectacular run-up in stock prices, but the companies themselves say they already are posting net profits, or are about to, and enjoy glowing prospects.
"I don't think this is a bubble," said Denny Lee, the chief financial officer of NetEase. "We're generating positive cash flows. … We feel we can maintain a very healthy growth."
Much of the excitement is based on the extraordinary growth of Internet use in China. The nation has 69 million Internet users, more than any other country except the United States, and projections by a Beijing-based consulting group, BDA China Ltd., say China will have 152 million Internet users by 2005, leading the globe.
The Internet portals offer a variety of services, such as free e-mail, online games, dating services, content channels, search engines and online directories. Some are taking a stab at e-commerce, but credit cards are uncommon in China and delivery of goods is problematic, limiting its potential, analysts said.
The short-messaging services continue to drive the portals' growth, based partly on factors unique to China and social factors common to all Asian countries.
Chinese rarely use voice mail, pagers or telephone answering machines, and voice communication by telephone sometimes is laden with time-consuming social formalities. Text messages cost as little as a penny or two, and the unobtrusiveness of sending and receiving messages makes their use widespread, even in business meetings.
"People like to be seen using it. They put the phone in front of them as a fashion item," said Duncan Clark, the managing director of BDA China. "They like to be messaged."
Even as Chinese avoid voice mail, they are quick to join community-based text-messaging groups, managed by the portals, that link cell phone owners with common interests, such as university alumni.
Internet alumni clubs connect tens of million of Chinese and are seen as an indispensable networking tool for those seeking social and economic promotions.
"They are a very important basis of your relationship network," said Caroline Straathof, the communications director for Sohu.com, which pioneered the alumni clubs.
The Internet portals rely on China's two major mobile-network operators, China Mobile and China Unicom, to do their billing and collect money from users, not only for sending short messages but also for services unrelated to cell phone usage, such as Web-based e-mail.
"They, in a certain sense, are our collection agency," said Lee, the NetEase executive.
Relying on the cell phone companies to such an extent appears to be one of the major risks the portals face. This year has exposed other risks and opportunities as well.
Just as online multi-user gaming began to boom earlier this year, China was hit by the sometimes deadly pneumonia-like disease severe acute respiratory syndrome, which emptied public facilities, such as Internet cafes.
Then on June 16, a fire broke out at an Internet cafe in Beijing, killing 24 people and prompting authorities to shut down hundreds of Internet cafes across the country.
Even so, Internet usage soared as people stuck in quarantine or at home surfed the Web. Some companies saw an opportunity.
"Pharmaceutical companies jumped on it. They had never advertised online before," Straathof said. Automotive companies and real estate firms also are placing ads online now.
Sina, with 45 percent market share in China, has dominated online advertising, attracting more than 700 companies to pay for a presence on its portal. It also claims to have 20 million e-mail users, fourth in the world after Hotmail, Yahoo! and America Online.
As Internet cafes reopened, online gaming returned in full force, especially in China's second-tier cities, where entertainment options for adolescents are minimal. Revenues from online gaming in China are expected to reach $1 billion by 2006.
U.S. companies remain laggards in the soaring market.
"Why have companies like AOL and Yahoo! not succeeded in China? The simple answer is that the barrier to entry is pretty significant," said Midler, the IDC analyst.
Because managers in the United States didn't understand the opportunities in the text-messaging area, American firms missed out on the boom, he said.
Now Chinese companies such as NetEase, with its 30 million registered users, say they are so widely known they can rely on word of mouth to grow.
"We already have a large audience. We don't need to do a lot of marketing," Lee said.
Where oh where has the volume gone the last couple of weeks? It looks like we are certainly in the old wait and see mode. It is about time for a surprise out of K of P, just when we are getting lulled to sleep. I am currently holding more shares than I ever have so a nice welcome surprise would be fine by me.
spree, how does it work if say, IDCC was bought out in December this year for $28? I don't do anything with options but am curious as to how that would play out for you. thanks
OT: But help needed from my IDCC buds..I know there are several out there that are very savvy on the web.. What I am looking for is a free or cheap website that I can list pictures and items that I am selling. Probably for a very short period of time. I am moving, greatly downsizing, and the development that I live in does not allow garage, yard, or moving sales of any kind, thus I need to sell a BUNCH of stuff. I have a word document of about 10 pages that has everything I want on it...I just need to make it accessible via the web so I can advertise it in the local paper...any help is appreciated
what the heck?...down nearly a buck and then back over 18 within two minutes...some craziness out of the gate this a.m.....
Loop, not only that but we have finally gotten back to some decent discussion here, there is no reason for people to throw the insults out all over again to tick everybody off and send us back into "crapland".
Danny, welcome back, I hope you will stay. I have tried for 3 weeks to post over there and to no avail. The tech issues there are not worth messing with I think everyone needs to let bygones be bygones and come back to this board. The format and function are far superior. If we all act like grown ups and just accept a few rules this thing can go back to a great forum. It is not that hard to follow the rules that we all agreed to when we signed up. I understand the old ONCE is now booted and that should give some folks a little piece of mind. I hope teecee and company will return so we can get this thing put back together and back on track. I think we would be much better in this somehwat difficult time if we were bound together on one board........JMO
sjratty, In trying to think a number of steps ahead, I have been pondering exactly what you brought up in #2.
Though, Nokia may appeal Lynn's ruling, opening up another can of worms (to be discussed later)
I have been trying to figure out what reason(s), they would have NOT to appeal the ruling. Maybe, just maybe, this is the point where Howards "cease and decist" comment came in? Maybe he too, sees this (appeal) is a possibility. I think any delay that they can conjur up will be employed unless there is an extremely good reason for them to sign a deal and move forward.
amrwondrefult...thanks a bunch for those incredibly helpful posts.....where have you been and how have we made it this far without that insight....LOL....slow day I guess
jaykay, and if I were sitting in the "big chair" at one of the manufacturers I would not be real concerned with "running the risk of fresh 3G litigation" based solely on past results with IDCC in any type of litigation. I'd especially be willing to roll the dice when few or NO others were paying.