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.
While that sounds nice in theory...I doubt this will happen because a deadline by mngmt could once again put them in a bad spot for negotiation. I am sure there is something they could say that would be helpful..but I doubt they will do anything like a schedule with when they expect an ending.
That would not hurt...but it also just goes to show that in the whole scheme of things it really doesn't matter..what matters is any unanticipated revenue growth due to sales increases or new contracts...or more importantly...what is happening going forward whether it be new liscenses which no one expects right now or the sale of the company. Those are the things that should drive sp..not whatever #s are this quarter.
I can't imagine you aren't getting impatient though!
I agree. I think many others think that way too...but then there are the Romulusses and such. We'll see. I hope IDCC announces and we make out and the shorts get burned hard.
everyone keeps saying it sinks but really its just been bouncing from 45-50 for quite some time.
No rumours...no arguements..pretty boring day waiting.
I was restating that the CAFC would not be telling IDCC ahead of time of a decision...not that there couldn't be a decision by then.
I think we have been over that a lot before and it was stated that the CAFC does not do such things. Someone please correct me if I have that wrong.
If they announced a good deal I would be more excited than Jim Harbaugh Slapping Jim Schwartz on the back.
I feel the same way, and I wasn't trying to shoot you down..but was just trying to think it through. Maybe they are announcing it before the deadline because the #s are good or some other reason. If the #s are going to be poor I certainly would hold off until the last possible date.
I guess that is true. There seem there would need to be a lot of things explained depending on the nature of the deal....ie what happens to cash...what happens to other resources....if its a partnership a lot more....
I still doubt we hear anything that soon, but most of us our ready!
Also...why announce the earnings will be that day at this point...why not just announce the deal that day instead of now saying there will be earnings that day? It doesn't add up.
if that were the case why would they suggest there would be no CC?
I wonder if Ron S has a guestimate as when this process might be completed...or even if he knows something like it will not likely be done before the New year.
we have had 5% moves recently up or down based on some minor rumor or no news...I think its just the stock bumping around in the trading range waiting for news...it's been down a bit lately so due for a run. I hope there is news though.
"We expect the process to conclude eventually" days/weeks/months?
I doubt they would put out a PR saying that they are not having a teleconference if they were going to announce something. I could be wrong but it just doesn't make sense. It does sound like they must be working on something though with all of this time going by. I sure wish I would have sold at 70s so I could buy back now vs just holding...but I am sure if I sold at 70s I would have bought back in high 60s anyway...it's way easy to think that type of thing after the fact.
Since I am not an option player I don't care about Nov 9th..all I care is that they do get a deal done sometime relatively soon and for a descent price.
Interesting...if they have nothing to report I am surprised that they didn't wait until closer to the Nov 9th date..especially if the #s end up not being good. Hopefully that is not the case but I guess we will find out soon.
Yes a lot of things bother me about the price of the stock and silence of the company which allows the price to be manipulated...but that can also be said of a lot of companies and I have seen far worse and lost a lot of money at other stocks where the management lies and cooks the books and pumps the stock non stop with no basis so that is not nescesarrily a good thing. I was simply commenting that your reason for your thoughts of the stock is going down because there are too many bulls here was ridiculous and has no technical value and no basis other than conjecture on a ridiculous premise. If anything this stock has the most negative people quantitywise on 1 message board I have ever been around. It also has by far the most insightful shareholders with a lot of information and analysis that I have been around.
I thought I read late last week that someone called PR and they stated that they had no planned announcement for Monday
I think all of the rumours coming out are just speculation and FUD and still see IDCC getting a good price possibly. The patent wars are just beginning.
The main core of ppl on this board owe a lot more than 20k shares combined. I'm pretty sure it's a significant # combined and also likely speaks for a broader % statistically significant.
wow very interesting! I can't wait to read that book.
I think if there was really going to be news today the stock would have went to higher levels instead of giving up some of the gains. Just MO
And the headline will surely use the top # when reporting the miss.
I have not seen too much clamouring about those being non issues. Pretty much every post on the board the last 3 months is about those 2 issues. If it does come to the outcome that the board is not going to do anything I certainly hope a CC and PR would be put out right away. If they did not do that it would be negligent. I can only anticpate that they are working to get a deal done and have something they are working on. The only alternative is what Romuluss says...that there is no deal and the board is just hiding the announcement which seems highly unlikely.
Good post and good perspective. I have been drinking beer non stop since RS' post though so I am not sure how much longer my liver can take this :)
I'm pretty sure that no one was paying him to do so as he gave no substantiative data to back up anything he said. Who would pay for that?
In addition to that I think it is very possible it will take longer than many think to come to conclusion. The comment that the company will likely not use a conference call for the earnings (from the phone conversation posted on yahoo) leads me to believe they are prepared to go beyond the earnings release which I believe needs to be reported by Nov 9th. It sure would be nice to know what sort of time frame we are looking at for this whole ordeal.
It certainly does not infer that the 9th is a deadline for the process
That scenario makes a lot of sense...they get free IP...get liscensing and/or could use strategically as a defense...they could also have ongoing technology collaboration/innovation. I think Apple is the absolute best fit...a few other american companies also fit well...I hope they are smart and don't let the asian companies get IDCC while it's still cheap in the early days of LTE and use it against them.
I bet it won't be a partnership with Nok
Is there any way this could be a problem with our decision at the CAFC...do they work at all with the ITC?
At least he admitted he is short. I give him credit for that.
Mickey, I believe they (IDCC PR) stated that they took on the debt to purchase Nortel patents or possibly other acquisitions. I believe that was clearly stated.
I also believe that is in part IDCCs responsibility because they have not done anything to sign these other guys and let them take the wait and see approach with little to no repurcussions.
Yes I was just adding to that...didn't mean to sound against what you were saying there.
There was high short interest and this thing went from 30s to 70s....but there is high short% no doubt.
Thanks for that! Does that put an end to the theory that the court is holding the case? I mean I bought it as a slight possibility but that seems to shut that door. Does everyone agree?
I don't recall those documents being out there as reported by our guys on the board that watch that...can anyone confirm?