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DBro...take what a normal timeframe would be and quadruple it...that is the way it works with IDCC.....whatever the max is is where it will play out.......I am not being funny or condoscending, that is truly the history with our arbitrating, litigating, mediating, all the INGS!!!!!
I would assume by projections from our analysts that they will nearly be forced to downgrade their price target and thus their rating. They were looking for big funds in Q4 which almost assuredly won't happen. I think IDCC mgmt just put a major league embarassament on these guys which might take some serious time to rebuild. Some, in the know here, mentioned that these guys were sort of sticking their necks out on IDCC, today they may have had their heads chopped off. I am still looking for positives here...anyone anyone...bueller bueller????
Alright this is so much fun....NOT!!!! Anyone have any speculation or better yet precedence for a timeframe here. It seemed the NEC arbitration went on forever....
the smart ones bailed at $26 and are now getting back in.....at $17
Hopefully that answers the question "what do they have to arbitrate?"
I have say it for those that blasted me last week in private messages I TOLD YOU SO....I'm not trying to be a little kid I am only saying let people have their opinions, and this goes to show why......this stinks, another year to wait it out!!!!! I still say Howard knew this was going to be the outcome when he used the word back in March...
OT: Sail I must have missed it. Where did you read that he raped her. All I have ever seen is sexual assault charges against Kobe Bryant (not meaning to minimalize even that). In Colorado sexual assault can be anything from a pat on the bum upto rape. Again not to minimalize anything but I have not seen that he has been accused of rape either by the D.A. or the young lady....I may have missed it if that is the case..
Got a feeling its arbitration news (next week)....as much as I would hate the delay I would feel pretty good for IDCC finally standing up to one of these Big Dudes....
deleted...rethought...and better to keep my mouth shut
anybody think that maybe IDCC's "attending" may indeed be altered to "presenting" should NOK get resolved prior to that time? It may be a clever way of keeping them involved with the thought that this way they can present if they get the deal closed.
jjff, why would an upcoming presentation hinder them from announcing any news between now and then? I see no reason for that to be the case.
teecee wholeheartliy, that is where my comment about conveniently, hitting both ends comes from. People establish that credibility when they tell the whole story...not just the good part.....I guess to each his own...we might be down from our highs today but I only have one "green" stock on the ticker...hope all is well up north
plumear, I certainly don't begrduge anyone here for making money (not even the shorts). I assume that is why we are all here. I wish I could figure out the timing to get the very bottom and very top (although I don't trade ANY IDCC anymore). As I said I have been away from the board a lot this summer and never saw where he indicated he was back in. It s just way to convenient to see some saying "well I did it again called and hit the top, called and hit the bottom." In the meantime I sit long with my all shares because I am not a professional or even a self proclaimed expert trader. My time will come to sell but we are not even close to my sell price and I don't have time to monitor price all day every day...
teecee. I am sure he just forgot to tell everyone when he got back in.......right?
BTW, nice action on the price today eh?
teecee, did he ever post his "Buy" after selling off? I was out quite a bit and never did see him post that he bought back? Or is that still the game?
teecee, would you be surprised if you found that ams13 was stirring the pot that got this moving again?
From Yahoo....2nd qtr earnings estimate, for what it's worth anyway...The disclaimer at the bottom should defintely be noted!
http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4686767&tid=idc&sid=4686....
Mschere..I know what you are alluding to that if arbitration were coming he could be in viloation of SEC rules of insider trading thus they must be on track to settle this. However what is the timeframe for that to be a valid charge? If negotiations continue for another 3-4 months and then it goes to arbitration I doubt that he would have violated any rules. By the way I would rather take my chances in arbitration than settle again for pennies on the dollar on a major deal, ala ERICY. That is just my opinion.
dd, I think this is virtually the same statement that Howard made back in March at ERICY settlement. He indciated that they had a framework in place with both NOK and Samsung but that they needed to finalize details and rates. That's my recollection anyway...
Lets see if this has any legs now that Howard parted with a few more shares. Not that it is the way it SHOULD be but usually this halts us in our tracks, but only for a couple of days. Here is hoping Howard is just giving them a good headfake.
mschere....it was HIS opinion that if they didn't get it resolved very quickly (within 90 days, in his timeframe)that it was destined to find its way to arbitration...not that it would be in arbitration in 90 days. I absolutely agree that IDCC would have to do an updatevioa SEC if it had already gone to that step..
mschere...once again you have hit it on the head......
"If you believe the $360-$430 Million cash flow from Ericsson 2G, Nokia and Samsung 2G..IMO..It is a no brainer for an additional $100 Million from NEC, Sharp, Matsushita and $100 Million more from Nokia,and Ericsson that will bring their 2002, 2003 3G royalties current for 3G Infrastructure sales to date.."
"If you believe", that is the key statement. I think people are getting a little nervous about the quietness regarding this biggie. I know one person that lurks here sold about 20% (16,000 shares)of his holdings last week as he had set a 3 month timeframe to get NOK on board. He believed if that "fill in the blanks" duty wasn't done in 90 days that NOK was going to holdout for much lower $$$ or let it go to arbitration. He is also fearful that arbitration might creep into Q1 04 and wasn't willing to sit on that 20% that long.....
He and his wife have been shareholders since 1989 and as he said "we have waited on event after event with this company and will wait on this one too" but felt share price would hold steady or drop if NOK didn't get done in his timeframe...
His choice, I continue with all of my shares in the "long" column but that "if' might be getting iffy'er in many folks minds.
deleted message......topic already covered by twelvebees
Loop, what are your thoughts as to whether is does go to arbitration? Each passing day makes me think that is more likely. I actually thought it would happen as soon as Howard mentioned it at the ERICY press conference but have been holding out hope that I was wrong. He covered himself by saying we believe NOK owes between, what was it, 180-200 mill (which was HUGE for him to say although I too believe it was as much about posturing in regards to minimal ERICY settlement)but by tossing out arbitration word he can always fall back on the results of the arbitrator. That is why I think it will go to arbitration. Howard really puts his nads on the line with that dollar figure and if he can't get NOK to cough up very close to that amount I think he rolls the dice in arbitration. If arbitration then goes badly he can point to "it was in the hands of the arbitrator, we nowhave to live with it and move forward..."........
OT: Hahahaahahaaha, yeah right like ERICY was done 2 1/2 years ago...wait until you see a press release. What good does the rumor do anybody? I am completely in because I believe NOK/Sam WILL be resolved so a rumor such as that doesn't change a thing. The only thing that matters is when it is actually announced by IDCC.
ziploc...that date has now been removed from the website.....
test..is board working no posts in over an hour....
mschere...I sent Janet an e-mail about 5:00 a.m. this morning asking about the posting of the date and if it was correct. I commented that I assumed is was correct as I was sure they had fixed this mistake that had happened twice before. Didn't hear back from her but the date is still listed as 8-4-03..
Marilyn, I think many here are thinking the same as you. It seems for years IDCC has had to fight and scream and litigate for a majority of the dollars they collected. I don't really think that is the case but with the biggies such as ERICY, NOK, and Samsung fresh on our minds it sure tends to feel that way.
The day of the ERICY settlment most of us realized that NOK wasn't going to be an overnight done-deal but with the "days" comment being made it had everyone thinking very short term. In reality I was born just days ago (like 14,000 days ago), so that statement technically is hard to dispute. They could get a resolution in 964 days and he would still be technically correct. I thought we would have something from NOK, and turn Samsung, by July 1. We are rapidly approaching that time and I hope they get things wrapped up by then. If is fall and we are still waiting on this event then I will be a bit peeved.
In the meantime I check everyday to see if IDCC has any new licensees. This is truly our longterm lifeblood. I have gone to checking the share price only once a week since I am now sitting on all my shares, as opposed to trading some. I sleep better at night not watching those daily price fluctuations. Patience is killer on this stock but I sure don't have to tell that to some that have been here for 15 plus years.....
geez spree, go back to bed, thats like asking if it is going to rain on Septmeber 1. For all intents it should be but throw in about 100 factors that not even Jimlur can tell you. You ask the question like there is a written in stone answer that he can provide you....
witch...I don't really see that as dissin' but rather the evolution of the company. These guys have done well in getting us this far but like any company with explosive growth potential you need to look for better people in all levels of your organization to drive the company. Mgmt is no exception in my book.
my edit since readin Data's post>>>>>>>>I think he is right and there might be others that would be fine with moving aside given the right stock package to cash in on once this really starts to heat up. Hey theres a thought maybe thats what those options were for...not only to bring new talent but to gracefully move some folks over/out
Mickey....as the "Slingblade" saying goes "I like the way you talk"...I will take your scenario and get a little more conservative....I think your handset numbers and prices are right on...knock that royalty rate down to 1/2-3/4% and keep everything else the same...I would be thrilled with what that P/E of 20 would bring even at 1/2-3/4%......JMO on the blended rate of 2G, 2.5G and 3G at that time....
ed...keeep on posting, your insight in the wireless sector is appreciated. I don't always agree or like what you say but its more information for us all to digest.
to all, I will go back into the lurking mode but after reading this board for the last couple of months all I can say "How long are we going to contniue to beat these dead horses? Do you really think that continually hashing over insider sales and options its going to have any effect? Everyone here is now very well versed in both these topics so why don't we move on to other subjects that might be beneficial to learning MORE about our investment. Back to lurking...enjoying the posts of very few here these days...its a shame this board has turned into a rotten bunch of fruit..
GE Jim...I have often asked the same question regarding insider BUYS. I guess I have only now ventured the guess that it may be a matter of balance in their portfolios. If indeed MOST employees are seeing nice options and grants that may take care of the portion of their portfolio that they want in IDCC stock. Just a guess but I know through my 401K and bonuses I get all the company stock I care to have. Maybe thats the case with them too but it has raised my suspicion over the last few years also.
Corp Buyer...man enough already we all have seen your feelings on it 100 times, everyone knows your point of view, everyone knows what you are selling...be done with it PLEASE its really getting old you know!!!!
fwiw, both my buys have been filled...I had that feeling thats why I put em in above yesterdays close......pulack--schmullback who cares soon it won't matter...this is TRUE STRENGTH based on what could have happened IMO
put your bifocals on $25....
not much ammunition left in my camp but have 2 buys in that I expect to fill today above yesterdays close...
When IDCC proves that they can collect via NOK and Samsung this story will have a totally different twist to it. Then it won't matter what they write as the street will not need any education on IDCC. Come on IDCC make it happen get the whole enchilada from NOK and ram it down their throats!!!