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Gamco, why not? Broadcom could come in and fix things with Apple, win them over, and resolve issues to both party's mutual interests and benefits.
mickeybritt: you said
can TeeCee post the text of the ruling?
If it is thatBIG wouldn't it warrant a filing ?
mixkeybritt: You said
Several years ago, when I lived in Park Ridge, I suggested to both Commonwealth Edison AND Nicor Gas that both companies sent their meter readers out monthly. One would come on the 1st business day of the month and the other would come on the 5th business day.
I suggested that since both meters were very near to each other, on the outside of the house, they both companies work out an agreement that they share the responsibility of reading the meters. One month, Com Edison would read BOTH meters; the next month, Nicor would read BOTH meters.
At that time, it made sense to me and would save BOTH companies money. Obviously, it went on deaf ears.
Oh Well, I thought it would have been a good idea saving money.
JMO
Jim: About 2 years ago, Commonwealth Edison put Smart meters into our 50-unit condo building as well as several other buildings in our Condo Complex. They were on a program to replace the existing meters with smart meters in Chicago and suburbs, and eventually dthroughout the entire service area.
I would doubt that IDCC was involved 2 years ago with the 'smart meter' program in the Chicagoland (Niles IL) area, but who knows for sure.
Maybe IDCC has been active in Illinois without anyone knowing what they are involved in, as we know we get little information from the company.
JMO
mickeybritt: Try using this table:
1 Trillion Dollars---------- --Percentage---------- $1 Tillion times Percentage (Amount using words)
$1,000,000,000,000.00-- 1 PerCent 1.0000% $10,000,000,000.00 (10 Billion Dollars)
$1,000,000,000,000.00-- 1/10 of 1% 0.1000% $1,000,000,000.00 (1 Billion Dollars)
$1,000,000,000,000.00-- 1 100th of 1% 0.0100% $100,000,000.00 (100 Million Dollars)
$1,000,000,000,000.00-- 1 1000th of 1% 0.00100% $10,000,000.00 (10 Million Dollars)
mickeybritt, I think you may have hit the nail on the head !
Merritt, who is intimately involved with the IoT, saying the company will generate up to $100 million per year, is NOT a liar or stupid.
You, on the other hand, have a better vision of the potential and probable rinancial returns on the IoT.
Maybe both MERRITT and YOU are correct.
You may be correct in that the results will generate a GROSS amount of $1 billion (or more) per year
Your amount will be offset by taxes. bonuses, incentive compensation, raises, perks, commissions paid to Avanchi, etc. etc. etc.
The BOTTOM LINE for the company will be $100 million a year, which is what Merrit is saying.
mickeybritt: You should stop trying to guess the income, profits, and price of IDCC stock.
Your $200 price target is way overstated; $150 is too optomistic, and $100 is still out of reach.
Your billions of back royalties for Nokia/MSFT fizzled out; LG's millions and millions are far from reality, and the Sensors and Iot revenues are still out and yet to be reality.
For those who bought near the top, the tax selling season is soon upon us. Without any new license agreements, there is no way we will see $100 by year-end. hose with losses, it may be time to take them now and buy back before year-end.
You seem to 'pump' the stock every day, but your predictions fall short. WHAT WILL HAPPEN WILL HAPPEN, but for now we will chug along where we are at. Your buy it now earlier this AM would have cost us almost $2.00 per share right now.
JMO
Gamco & olddog: Wasn't there some 'waiting period' on a previous arbitration where there was a 60 day period during which the (losing) party could file an appeal?
I seem to think it was Huawei or LG, but I smay be wrong.
scruffy: You mean like how IDCC could win an arbitration and not receive any money !
Our BEST IN CLASS SALES TEAM finally delivers something !
This will assure them of a bonus at the end of the year.
InterDigital and u-blox AG Extend Patent License Agreement
GlobeNewswire•October 17, 2017
WILMINGTON, Del., Oct. 17, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced that its patent holding subsidiaries have entered into an agreement to extend their worldwide, non-exclusive, patent license agreement with u-blox AG (“u-blox”) covering the sale by u-blox of its 2G, 3G and 4G products for a defined term.
u-blox is a supplier of positioning and wireless semiconductors and modules and is headquartered in Switzerland with operations and customers worldwide.
“We are pleased that u-blox is continuing its relationship with us, and delighted that our contributions to core wireless technology continue to deliver exciting solutions to the rapidly-growing IoT market,” said Lawrence F. Shay, President of InterDigital’s patent holding subsidiaries. “u-blox’s desire to extend its agreement highlights the strength of InterDigital’s research contributions and intellectual property, and positions u-blox to continue in the wireless module market.”
InterDigital Joins 4iP Council
GlobeNewswire•October 17, 2017
WILMINGTON, Del., Oct. 17, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced that it has signed an agreement to become a member of 4iP Council. 4iP Council is a Brussels-based association representing leading technology inventors in Europe who believe that intellectual property (IP) rights enable innovation and increase social and economic welfare.
4iP Council works with academia, policy-makers and regulators to facilitate a deeper understanding of the invention process and the role of IP in achieving innovation. The primary focus of the association is the enrichment of IP policy debate through the development of empirically sound data and analysis on intellectual property and innovation.
To date, 4iP Council has commissioned research work from eminent academic researchers on a wide range of topics covering the patent system and patent quality, IP enforcement, standardization, licensing and competition law, SMEs and the digital single market.
“We see great value in the work of 4iP Council. The association contributes to a solid, evidence-based data pool that is an essential resource for policy-makers building frameworks for a strong and innovative Europe. We are delighted to be aligned with this important effort,” said William J. Merritt, President and CEO of InterDigital.
“InterDigital’s decision to join 4iP Council will further strengthen our research work, enabling our association to further facilitate informed debate and foster a deeper understanding of technology invention, an indispensable component of today’s innovation economies,” said Claudia Tapia, 4iP Council Chairperson.
About 4iP Council
4iP Council represents leading technology inventors in Europe who believe that intellectual property rights enable innovation and increase social and economic welfare. Through fact-based research and education, 4iP Council seeks to improve policy-makers’ understanding of how technology innovation happens. For more information, visit: http://www.4ipcouncil.com.
Are buy-backs good?
Wal-Mart's buyback is huge, but here's why you should not be chasing buybacks
An interesting comment is snipped below:
"What does it mean? It means that these companies have dramatically boosted their earnings, not by selling more stuff, but by buying back stock. It means that all other things being equal, Wal-Mart, for example, has improved its earnings by 30 percent since 2002 just by buying back stock."
"This sounds like a great deal for stock holders. But does buying back stock really cause stock prices to outperform? If it really does help boost earnings, why don't we just buy the companies that have bought back the most stock?"
"It's a tough question to answer, but, as with everything, there's an ETF for that. And the evidence is it can be a big help, but without improvement in fundamentals, investors are not going to be fooled."
"The lesson: Stock buybacks can boost earnings, but without underlying fundamentals, it's not worth chasing them. Wal-Mart's buyback was certainly a big help, but without the added bonus of additional investments in the e-commerce business, it wouldn't have been a long-term boost.:
https://www.cnbc.com/2017/10/10/wal-marts-buyback-is-huge-but-dont-chase-buybacks.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104764379&yptr=yahoo
BUT, can the Best In Class sales team monitize it and sell it without any legal ramifications?
This is the challenge before the company!
jiff: It appears on the IDCC website in their 'BLOG'.
iT'S JUST A 'CRIME' THAT MANAGEMENT DOESN'T RELEASE all INFORMATION ON THE COMPANY in the form of a press release.
It would be nice to know when something happens, like the ASUS matter.
JMO
LTE: I contacted IR on 9-11-17 and was told
Quote:
Hi William, sorry for the delay in getting back to you. We have not released any update on that arbitration but in all likelihood we will be providing an update in our Q3 10-Q
Yesterdsay, Paullee posted fwiw, I spoke to the company and they indicated that it had been resolved but it was not material enough to warrant an 8k. It would be addressed in the Q. Draw your own conclusion.
SO, it looks like we are sabut 25 days away from getting the official word in the form on an 8k about the matter.
JMO, it could have gone against us but the amount owed is minimal. I have tried to search on the internet for Asus versus Interdigital with no success.
olddog: Here we go, AGAIN! Another LG-type issue on winning a NON MONETARY AWARD !
Mickeybritt last posted on the HanoverHouse board on 9-7-2017. I am sure he would have posted somewhere about the Dividend increase and buy back if he were around.
SO, either he is out of the country, not posting, or may have some medical issues again.
Hope all is well; hope he rode out the hurricane and hope he is away visiting his wife's fsamily,
The Lord giveth and the Market Makers taketh away!!
Unbelievable! We can't string 2 up days in a row!
As I recall, on Thursday there was also 3 large block trades boosting the after hours activity. I also think the price was the same as the closing price from normal trading time.
Probably IDCC filling its additional $100million of buy back shares authorized.
JMO
As the end of the year rapidly approaches, It is time to review what progress has been made and what accomplishments have been reached by Management and the Best In Class sales team!
What kind of hype can they come up with that will allow them to slide by?
If there are any proposals to come before the annual meeting, now is the time to get them on the table.
JMO
We need some BIG news in order to climb back to high levels seen earlier in the year.
ZTE resolution with huge back funds PLUS a long term license;
LG resolution and signing of a long term license
Other signings of major players
Maybe reopen the exploration of a 'Strategic Alternative' like they did several years ago which moved the stock up.
Back on 9-15 when the BOD announced a buyback and dividend increase, I SAID
Today's Research Reports on Stocks to Watch: InterDigital and NetEase
NEW YORK, NY / ACCESSWIRE / September 18, 2017 / InterDigital had a remarkable trading day this past Friday after the company's Board approved an increase in the company's quarterly cash dividend. Shares of NetEase also saw some green. August had been a rough month for the stock after it dropped 11% despite reporting second-quarter earnings results that were better than the Street's expectations.
RDI Initiates Coverage on:
InterDigital, Inc. https://rdinvesting.com/news/?ticker=IDCC
InterDigital, Inc.'s shares were on fire in Friday trading after the company announced news that had traders on their toes. InterDigital closed up 6.26% after announcing that its Board of Directors has approved an increase in the company's quarterly cash dividend to $0.35 per share, which is $1.40 per share on an annual basis. The increase will take effect beginning with the dividend to be paid in Q4 of this year. The company's Board has also declared a regular quarterly cash dividend of $0.35 per share on its common stock which will be payable on October 25, 2017, to shareholders of record at the close of business on October 11, 2017. The company has even approved to increase its existing stock repurchase program by $100 million. Chairman S. Douglas Hutcheson remarked, "InterDigital's success signing license agreements with top handset companies has resulted in clear visibility over strong future cash flows, as outlined on the most recent earnings call. The company continues to implement a balanced approach to capital allocation, designed to return value to shareholders while providing the company with the capital necessary to continue to shape the industry with ground-breaking research."
Access RDI's InterDigital, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=IDCC
Just wondering ---
Wouldn't it make more sense to announce the increased buy-back first (now) and then in a couple of weeks announce an increase in dividend?
Wouldn't a price spike in the share price occur with a buyback?
Wouldn't a price spike in the share price occur with an increase in dividend?
SO, wouldn't both announcements at the same time result in a much higher price on shares repurchased versus one announcement at a time?
UNLESS they might declare a special dividend at the end of the year.
We shall see whether a spike in price per share holds on or whether it disappears in time.
JMO
4 Telecom Stocks to Gain From Evolving Industry Trends
Zacks
Zacks Equity Research
ZacksSeptember 13, 2017
https://finance.yahoo.com/news/4-telecom-stocks-gain-evolving-121512950.html
Telecommunications is a vital industry witnessing rapid technological improvement. Unprecedented growth in high-speed mobile Internet traffic, particularly with respect to wireless data and video, has transformed this industry into the most evolving, inventive and keenly contested space.
On the positive side, the new U.S. telecom regulatory body -- Federal Communications Commission (“FCC”) -- has given enough indications of its leniency compared with the Obama administration. It is also likely to roll back several stringent regulations of the previous regime. The FCC’s stance of being less restrictive will aid mergers and acquisitions, which are likely to spur growth in 2017. Moreover, the expected corporate tax reform will benefit telecom operators to extensively explore the booming businesses services market.
A growing economy speeds up demand for real-time voice, data, and video manifold. The escalation in demand has encouraged telecom service providers to undertake large network extensions while upgrading plans. The rising demand for technologically superior products has been a silver lining for the telecommunication industry in an otherwise tough environment. This in turn has boosted the demand for telecom equipment manufacturers.
In addition, a major characteristic of the telecommunications industry is that it is immune to international geo-political disturbances even when these lead to economic fluctuations. The need to remain connected is so very human, springing from our earliest tendencies to communicate with our fellow human beings. An era of digitization and technology is essentially built on this human craving. It is here that telecommunications come to the fore as a necessary utility. Consequently, any non-U.S. economic volatility is not expected to have an immediate impact on the industry.
Future Drivers of Telecom Industry
(1) 4G LTE Networks Thriving: According to a recent research report published by Ovum for industry association 5G Americas, 4G LTE connections have reached 2.37 billion globally at the end of second-quarter 2017. This indicates an improvement of a whopping 59% year over year. Per the report, LTE connections will reach 4.9 billion in 2022. At this rate, 4G LTE is set to outnumber 3G subscribers worldwide by 2020. By the end of 2021, global LTE market share will cross 53%.
(2) Upcoming 5G Wireless Networks: According to a study commissioned by Qualcomm, fifth-generation (5G) wireless technology could result in real global economic growth by $3 trillion cumulatively from 2020 to 2035. Several industry researchers hold that 5G network will provide a download speed of 1 Gbps (gigabit per second), which is 200 times the throughput of the currently available standard 4G LTE network.
(3) Internet of Things (IoT): Internet of Things, which enables any physical electronic device with a valid IP-address to transfer data seamlessly over a wireless network, is fast gaining market traction and bringing about fundamental changes in business models. Next-generation superfast wireless networks will provide the primary impetus to the telecom industry. In this context, IoT holds the potential to be the numero uno factor in driving growth in the space. Upcoming 5G mobile networks will be of utmost importance in the management of exponential growth in IoT.
(4) Fiber Optic Networks: The fiber optic network is increasingly becoming the most sought-after technology for secure and fast data transmission over long distances. Going forward, the wireline industry will largely evolve around the fiber-based superfast gigabit data transmission network. Fiber optic cable is a vital infrastructure to meet the surging need for cloud-based business data, along with more video streaming services by individuals. Moreover, fiber-optic cable network is vital for backhaul and last mile local loop, which are needed by wireless service providers for their upcoming 5G network.
Our Picks
At this stage, we believe investors should choose stocks which carry a favorable Zacks Rank to cash in on future growth.
Juniper Networks Inc. JNPR is a provider of Internet infrastructure solutions that enable Internet service providers and other telecommunications service providers to meet the demands resulting from the rapid growth of the Internet. The company delivers next generation Internet backbone routers that are specifically designed for service provider networks. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
For 2017, the Zacks Consensus Estimate for EPS is pegged at $2.23, reflecting year-over-year growth of 6.9%. In the last 60 days, the Zacks Consensus EPS has gone up by 2 cents. Meanwhile, the consensus estimate for revenues is $5.23 billion, up 4.9% year over year.
InterDigital Inc. IDCC develops and markets advanced digital wireless telecom systems using proprietary technologies for voice and data communications. It has developed an extensive patent portfolio related to those technologies. The company currently carries a Zacks Rank #1.
For 2017, the Zacks Consensus Estimate for EPS (earnings per share) is pegged at $3.67, indicating year-over-year decline of 54.9%. However, the Zacks Consensus Estimate for EPS has moved up significantly by 17 cents in the last 30 days. The Zacks consensus estimate for revenues is $414.7 million, down 37.7% year over year.
ADTRAN Inc. ADTN is a leading global provider of networking & communications equipment. Its solutions enable voice, data, video, and Internet communications across copper, fiber, & wireless network infrastructures. The company carries a Zacks Rank #2 (Buy).
For 2017, the Zacks Consensus Estimate for EPS is pegged at 83 cents, reflecting year-over-year growth of 14.6%. In the last 60 days, the Zacks Consensus EPS has gone up by 12 cents. Meanwhile, the consensus estimate for revenues is $710 million, up 11.4% year over year.
Sonus Networks Inc. SONS is a leading provider of voice infrastructure products for the new public network. Sonus' solutions enable service providers to deploy an integrated network capable of carrying both voice and data traffic, and to deliver a range of innovative, new services. The company currently carries a Zacks Rank #2.
For 2017, the Zacks Consensus Estimate for EPS is pegged at 25 cents, reflecting year-over-year decline of 25%. However, the Zacks Consensus EPS has gone up by 2 cents in the last 60 days. The consensus estimate for revenues is $249 million, down 1.4% year over year.
Solid Charts
The charts below shows that all four above mentioned stocks have outperformed the industry in the last one month.
The Bottom Line
Telecommunications is one of the few industries to have seen rapid technological improvement even during the recession. Owing to the significance of this service as an infrastructure product, we expect the overall economic dynamics to shift in favor of the industry. At this stage, we believe that these four stocks with a favorable Zacks Rank are poised to capitalize on the growing opportunities.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
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Zacks Investment Research
InterDigital to Present at Dougherty & Company Institutional Investor Conference
GlobeNewswire•September 11, 2017
WILMINGTON, Del., Sept. 11, 2017 (GLOBE NEWSWIRE) -- InterDigital, Inc. (IDCC), a mobile technology research and development company, today announced that the company will be presenting at the Dougherty & Company Institutional Investor Conference in Minneapolis, MN on September 19, 2017. The presentation will take place at 12:45 PM CDT, and will be webcast live and accessible through the Investors section of the company's web site, www.interdigital.com. An archived replay of the presentation will also be available following the conference.
Paullee: I never call IR; I always email and for the most part he has responded.
my3sons87: Here is a response to the Asus question from Investor Relations:
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
InterDigital, Inc. (IDCC): This developer of technologies for wireless communications has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 30 days.
A reverse split will do $Hi+ for this stock. Reverse splits tend to move the price up to some phony level, only give the price an opportunity to drop AFTER the reverse. Today's $0.11 price would equate to a $0.07 price shortly after the reverse split.
And, as to the 350,000 block at the ask price, the buyer is gambling that his purchase may push the share price up temporarily, just long enough for him to make a penny or two on the hype which would equate to roughly $3,500 to $7,000.
It's like the old dys when brokers would hype up penny stocks that they bought on the cheap, make the price move a few cents, and then unload as the price moves. The old PUMP AND DUMP routine
JMO.
Here are the most recent filings on the Asus matter:
131 Aug 3, 2017 MOTION for leave to appear in Pro Hac Vice for Brian P. Johnson ( Filing fee $ 310, receipt number 0971-11601173.) filed by ASUS Computer International, ASUSTeK Computer Inc. (Rauscher, Ezekiel) (Filed on 8/3/2017) (Entered: 08/03/2017)
132 Aug 4, 2017 ORDER GRANTING 131 MOTION FOR PRO HAC VICE. Signed by Judge Beth Labson Freeman on 8/4/2017. (blflc4, COURT STAFF) (Filed on 8/4/2017) (Entered: 08/04/2017)
133 Aug 17, 2017 STIPULATED ORDER RE: DISCOVERY OF ELECTRONICALLY STORED INFORMATION 129 . Signed by Judge Nathanael Cousins. (lmh, COURT STAFF) (Filed on 8/17/2017) (Entered: 08/17/2017)
134 Aug 17, 2017 STIPULATED PROTECTIVE ORDER. Signed by Judge Nathanael Cousins on 8/17/2017. (lmh, COURT STAFF) (Filed on 8/17/2017) (Entered: 08/17/2017)
Have no idea what they mean; need subscription to PACER to get more details.
More like 6 feet under and a bulldozer is about to push the dirt on top of the coffin!
DOWN $1.50 ! ! !
Now reason for this ? ? ?
6Mustang: You saaid:
Quote:
hopes that he and I can build a mutual trust, and that I can reach out to him on our behalf in the future
SO, has he given you any information or even responded to you?
I haven't been on the board, and there are too many posts to read.
Like someone is trying to raise money in a last ditch effort to pay those on the inside ! (Salaries, bonuses, perks, and a reward for their efforts)
SHORT INTEREST 8-15-2017
Settlement--- Short Int.--- Avg Daily Share Vol Days To Cover
8/15/2017--- 1,724,910--- 292,042---------------- 5.906376
7/31/2017--- 1,964,963--- 381,081---------------- 5.156287
JimLur: those were the purchases by insiders I was thinking about.