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mister: from B Riley:
Here is B Riley's comments on InterDigital:
B. Riley upgraded InterDigital Inc. (NASDAQ: IDCC) from Neutral to Buy with a price target of $100.00 (from $86.00).
Analyst Eric Wold says shares could push to $130 if the company signs successful licensing agreements with remaining handset OEMs which could drive EBITDA run-rate higher and increase incremental cash flows.
NOTE THE WORDS 'COULD' AND IF'
InterDigital, Inc. – Value Analysis (NASDAQ:IDCC) : April 26, 2017
http://www.capitalcube.com/blog/index.php/interdigital-inc-value-analysis-nasdaqidcc-april-26-2017/
Capitalcube gives InterDigital, Inc. a score of 84.
Our analysis is based on comparing InterDigital, Inc. with the following peers – BlackBerry Limited, QuickLogic Corporation, Sony Corporation Sponsored ADR, Intel Corporation, Oclaro, Inc., Xilinx, Inc., Apple Inc. and LM Ericsson Telefon AB Sponsored ADR Class B (BBRY-US, QUIK-US, SNE-US, INTC-US, OCLR-US, XLNX-US, AAPL-US and ERIC-US).
Investment Outlook
InterDigital, Inc. has a fundamental score of 84 and has a relative valuation of UNDERVALUED.
Company Overview
Considering peers, relative outperformance over the last year and the last month suggest a leading position.
It’s current Price/Book of 4.11 is about median in its peer group.
We classify IDCC-US as Harvesting because of the market’s relatively low growth expectations despite its relatively high returns.
IDCC-US has relatively high profit margins while operating with median asset turns.
The company’s year-on-year change in revenues and earnings are better than the median among its peer group.
IDCC-US‘s return on assets currently and over the past five years suggest that its relatively high operating returns are sustainable.
The company’s relatively high gross and pre-tax margins suggest a differentiated product portfolio and tight control on operating costs relative to peers.
While IDCC-US‘s revenue growth in recent years has been above the peer median, the stock’s P/E ratio is less than the peer median suggesting that the company’s earnings may be peaking and the market expects a decline in its growth expectations.
The company’s level of capital investment seems appropriate to support the company’s growth.
IDCC-US has the financial and operating capacity to borrow quickly.
Leverage & Liquidity
IDCC-US has the financial and operating capacity to borrow quickly.
With debt at a relatively low 11.03% of its enterprise value compared to an overall benchmark of 25% (Note: The peer median is currently 13.77%), and a well-cushioned interest coverage level of 20.70x, IDCC-US can probably borrow quickly. We classify the company as Quick & Able in terms of its capacity to raise additional debt.
All 8 peers for the company have an outstanding debt balance.
IDCC-US has moved to a Quick & Able from an Some Capacity profile at the prior year-end.
IDCC-US‘s interest coverage is greater than (but within one standard deviation of) its four-year average interest coverage of 12.97x.
While its interest coverage increased to 20.70x from 6.86x (in 2015), its peer median decreased during this period to 12.69x from 13.99x.
Interest coverage rose 15.14 points relative to peers (and is now higher than its peer median).
IDCC-US‘s debt-EV is its lowest over the last four years and compares to a high of 37.41% in 2015.
The decrease in its debt-EV to 11.03% from 37.41% (in 2015) was also accompanied by a decrease in its peer median during this period to 13.77% from 17.07%.
Relative to peers, debt-EV fell 23.08 percentage points (and is now lower than its peer median).
Key Liquidity Items see chart in article
Company Profile
InterDigital, Inc. engages in the design and development of advanced technologies that enable and enhance wireless communications, and capabilities. It offers innovations that are used in digital cellular and wireless products and networks, including 2G, 3G, 4G and IEEE 802-related products and networks. The company was founded by Seligsohn I. Sherwin in 1972 and is headquartered in Wilmington, DE.
Disclaimer
The information presented in this report has been obtained from sources deemed to be reliable, but AnalytixInsight does not make any representation about the accuracy, completeness, or timeliness of this information. This report was produced by AnalytixInsight for informational purposes only and nothing contained herein should be construed as an offer to buy or sell or as a solicitation of an offer to buy or sell any security or derivative instrument. This report is current only as of the date that it was published and the opinions, estimates, ratings and other information may change without notice or publication. Past performance is no guarantee of future results. Prior to making an investment or other financial decision, please consult with your financial, legal and tax advisors. AnalytixInsight shall not be liable for any party’s use of this report. AnalytixInsight is not a broker-dealer and does not buy, sell, maintain a position, or make a market in any security referred to herein. One of the principal tenets for us at AnalytixInsight is that the best person to handle your finances is you. By your use of our services or by reading any our reports, you’re agreeing that you bear responsibility for your own investment research and investment decisions. You also agree that AnalytixInsight, its directors, its employees, and its agents will not be liable for any investment decision made or action taken by you and others based on news, information, opinion, or any other material generated by us and/or published through our services. For a complete copy of our disclaimer, please visit our website www.analytixinsight.com.
From American Banking and Market News on InterDigital
https://www.americanbankingnews.com/2017/04/24/interdigital-inc-idcc-upgraded-to-buy-by-b-riley.html
InterDigital, Inc. (NASDAQ:IDCC) was upgraded by equities research analysts at B. Riley from a “neutral” rating to a “buy” rating in a report released on Monday. The brokerage currently has a $100.00 price objective on the Wireless communications provider’s stock, up from their previous price objective of $86.00. B. Riley’s target price suggests a potential upside of 10.74% from the company’s current price.
A number of other research analysts also recently issued reports on the company. Zacks Investment Research downgraded InterDigital from a “hold” rating to a “strong sell” rating in a report on Friday, March 10th. Barclays PLC reissued an “equal weight” rating and issued a $88.00 price target (down from $94.00) on shares of InterDigital in a report on Friday, February 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. InterDigital has a consensus rating of “Hold” and an average price target of $92.50.
Shares of InterDigital (NASDAQ:IDCC) traded up 5.74% during mid-day trading on Monday, reaching $90.30. The company had a trading volume of 564,261 shares. InterDigital has a 1-year low of $51.97 and a 1-year high of $102.30. The company has a market capitalization of $3.10 billion, a PE ratio of 10.28 and a beta of 1.25. The stock’s 50-day moving average price is $85.14 and its 200 day moving average price is $85.08.
InterDigital (NASDAQ:IDCC) last announced its quarterly earnings results on Thursday, February 23rd. The Wireless communications provider reported $3.85 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $3.84 by $0.01. InterDigital had a return on equity of 33.71% and a net margin of 40.78%. The company earned $273.90 million during the quarter, compared to the consensus estimate of $262.57 million. During the same period in the previous year, the company posted $0.92 earnings per share. InterDigital’s revenue for the quarter was up 144.3% on a year-over-year basis. Equities analysts expect that InterDigital will post $2.47 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 26th. Stockholders of record on Wednesday, April 12th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Monday, April 10th. InterDigital’s payout ratio is 20.55%.
In other news, insider William J. Merritt sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, March 20th. The stock was sold at an average price of $84.92, for a total transaction of $169,840.00. Following the completion of the transaction, the insider now directly owns 134,477 shares of the company’s stock, valued at approximately $11,419,786.84. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Scott A. Mcquilkin sold 500 shares of the company’s stock in a transaction that occurred on Friday, March 31st. The stock was sold at an average price of $85.75, for a total value of $42,875.00. Following the transaction, the executive vice president now directly owns 80,724 shares of the company’s stock, valued at $6,922,083. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,500 shares of company stock valued at $1,872,555. Corporate insiders own 1.50% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Chicago Equity Partners LLC increased its position in shares of InterDigital by 261.3% in the third quarter. Chicago Equity Partners LLC now owns 58,100 shares of the Wireless communications provider’s stock valued at $4,602,000 after buying an additional 42,020 shares during the last quarter. BRC Investment Management LLC acquired a new position in shares of InterDigital during the third quarter valued at $788,000. Stockman Asset Management acquired a new position in shares of InterDigital during the third quarter valued at $2,443,000. DUPONT CAPITAL MANAGEMENT Corp increased its position in shares of InterDigital by 829.0% in the third quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 90,774 shares of the Wireless communications provider’s stock valued at $7,189,000 after buying an additional 81,003 shares during the last quarter. Finally, Aperio Group LLC increased its position in shares of InterDigital by 9.4% in the third quarter. Aperio Group LLC now owns 5,544 shares of the Wireless communications provider’s stock valued at $439,000 after buying an additional 478 shares during the last quarter. 69.84% of the stock is owned by institutional investors and hedge funds.
About InterDigital
InterDigital, Inc designs and develops technologies for wireless communications. The Company is focused on three technology areas: cellular wireless technology, Internet of things (IoT) technology, and, through its Hillcrest Laboratories, Inc (Hillcrest Labs) subsidiary, sensor and sensor fusion technology.
Here is B Riley's comments on InterDigital:
B. Riley upgraded InterDigital Inc. (NASDAQ: IDCC) from Neutral to Buy with a price target of $100.00 (from $86.00).
Analyst Eric Wold says shares could push to $130 if the company signs successful licensing agreements with remaining handset OEMs which could drive EBITDA run-rate higher and increase incremental cash flows.
For an analyst ratings summary and ratings history on InterDigital Inc. click here. For more ratings news on InterDigital Inc. click here.
https://www.streetinsider.com/Analyst+Comments/B.+Riley+Upgrades+InterDigital+Inc.+%28IDCC%29+to+Buy/12803298.html
So what will IDCC do with the money they save from lower tax rates?
Pay a special Dividend?
Increase the regular dividend?
Increase the executive compensation plan?
Keep the money in the bank?
Recently, JimLur posted about an institution closing out their position. I was wondering how these LARGE trades are reflected in the volume.
NO, I'm not yelling fire in the theater.
Nor am I PUMPING the stock with visions of huge tax savings. And neither is the market when it comes to IDCC stock.
I think that as far as IDCC goes with the tax changes, it is a wait and see scenerio.
I am also not sure as to what FOREIGN CORPORATE TAXES idcc PAYS, IF ANY! And if they do pay foreign taxes, what percentage of their net income is subject to foreign taxes?
Question on Institutional Buys and Sells:
How do Institutions USUALLY sell their holdings.
A> When they decide to bail out of their positions or a larger part of their positions?
B. If a holder (say a trust company) gets an order from one single client to liquidate a portion or all of the shares they hold in a particular issue?
Do they put a normal buy/sell order OR do they deal with a trader who buys/sells outside the market at some negotiated/agreed price?
I would see a real 'PANIC' if someone like BlackRock decided to liquidate 1 million shares via the normal trading means.
Limejuice: NO -- but they put it on the "letgo" website! LOL
I think they just started coverage. I will try to find more later tonight.
InterDigital Initiated at Hold by Benchmark
Tuesday 04/25/2017 12:19 PM ET - Dow Jones News
Ratings actions from Benzinga: http://www.benzinga.com/stock/IDCC/ratings (END) Dow Jones Newswires April 25, 2017 12:19 ET (16:19 GMT)
BENCHMARK EARLIER INITIATED COVERAGE ON INTERDIGITAL WITH HOLD RATING
Tuesday 04/25/2017 12:10 PM ET - S&P Capital IQ's Views and News
(BZ Newswire) -- Benchmark initiates coverage on InterDigital (NASDAQ: IDCC) with a Hold rating.Benchmark initiates coverage on InterDigital (NASDAQ:IDCC) with a Hold rating. Copyright Benzinga (BZ Newswire, http://www.benzinga.com/licensing). Benzinga does not provide investmentadvice. All rights reserved.Write to editorial@benzinga.com with any questions about this content. Subscribe to Benzinga Pro (http://pro.benzinga.com). Acquire Media
sail: You can still use Yahoo and create a CUSATOM SCREEN showing the data fields you want. Yahoo gives you a lot of data to display (your choice) as well as download to a file. During the day, it gives you real time quotes for free.
I do it and show (in my custom view::
Ticker
# of Shares
Lot Value
Last Price
Change (Monetary
Change (Percentage)
52 week high
52 week low
volume
Dividend
Yield
Ex Div Date
Div Pay date
Previous day close
Open (Day's)
High (Days)
Low (Daysa)
Pre market trades 26,000 and 26,800 both at $90.30
Someone decided to buy in this morning.
la: The only difference this quarter is the fact that Riley up'ed its rating so close to earnings date.
IF the company beats its projections AND meets or beats the street's projections strictly on recurring revenues, It will not drop UNLESS Merritt screws something up.
I'm hoping for a slight push higher after this quarter's earnings report.
JMO
bulldzr: you stated
the share price to rise in the days leading up to the call, and then the selloff begins as soon as Merritt starts talking
But, if we miss earnings by 1 cent, we get clobbered by $10.00.
JMO
maybe the recent 'partnering' with Avanchi is a way to get rid of the best in class sales team and pay them a commission for sales rather than paying bonuses to our sales force.
JMO
RE: IDCC wins reversal and remand in claim 8 of the 244 patent from the CAFC who reversed the PTAB
It would have been nice for our company to issue a brief press release, acknowledging the reversal and what it means for IDCC.
But then again, management continues to keep things under wrap and secretive from shareholders.
Oh well, maybe our CEO will bring it up in the conference call next week. Give him something to talk about in a positive way in the event that earnings don't com out better than projected.
JMO
mickey: you ought to sell all of your IDCC, hop on a plane with your bride and go to China to meet her family.
You need to get IDCC off your mind and enjoy the rest of your life.
mickey: Remember one thing. Lawyers asked to litigate matters get paid whether they win or lose. Only exception is where the lawyer works on a case where they say you don't pay if you don't win the lawsuit.
And if they can convince you that they think the judge erred, they will appeal in every court or jurisdiction possible, hoping that somewhere a judge will overturn a decision.
mickeybritt: If Microsoft was the only suitor and offered $100 per share for ALL of IDCC stock in cash, would you and individual shareholders (not institutions) accept their offer?
mickeybritt: Maybe you should review some of the financial statements of the 'unlicensed' companies.
Either one of two things may happen:
1. They have an amount set aside on their books for 'contingent liabilities' which may represent moneys they may owe for use of IPR that has not yet been paid because licenses are under engotiation;
2. The amount the company owes may be difficult to determine and in terms of being significant, the company has not provided a liability for the amounts owed.
Look at it this way:
If the per item license is 1 cent, how many units must be manufactured in order to become a material amount on the books of the manufacturer?
AND, how do you know that the technology in the laptops, tablets, autos, etc. is that of InterDigital or another IPR company? IDCC is NOT the only player in the game.
mickeybritt: While I too don't like the fact that LG is not paying, I think back on two events that may be the reason why.
Some time ago, Merritt said that they would rather negotiate rather than litigate.
He also stated that some times, securing a license that is meaningful takes time and is better than just signing a license for the sake of signing.
Cases in point:
Huawei --we got a pretty good licnese for 3G, 4G and probably 5G as well as some patents and other monies.
Apple -- we kept asking why not sue Apple for infringement. Kinda out of the blue, we got a n Apple license agreement.
IMO, in due time, LG will sign a license agreement that will include 3G, 4G, 5G, and IoT.
I would like to hear Merritt say that IDCC is having meaningful discussions with not only LG but also ZTE and others.
As to Microsoft Nokia, IMO that is a lost cause and anything we get at this poing for past money due is a gift.
JMO
Why Foxconn Might Be Prepared to Pay a Whopping Sum for Toshiba's Chip Business
Annie Palmer Follow Apr 10, 2017 5:30 PM EDT
Taiwanese manufacturing giant Foxconn could be willing to bid as much as $27 billion for Toshiba's (TOSYY) massive NAND flash memory unit, Bloomberg reports, citing sources familiar with the matter.
Foxconn, a major Apple (AAPL) supplier, would join a group of bidders that's estimated to total as many as 10 companies. Other interested parties are said to include Amazon (AMZN) , Alphabet's (GOOGL) Google, Apple, Broadcom (AVGO) , Western Digital (WDC) , South Korea's SK Hynix and private-equity firms Silver Lake and Bain Capital. SK Hynix and Broadcom reportedly submitted preliminary offers for the Toshiba business worth $18 billion or more, according to Bloomberg.
The report comes after billionaire tycoon and Foxconn founder Terry Gou said last month that the company is "definitely bidding" for Toshiba's chip business and is "very confident" it can secure a deal, Reuters reported.
"Money should not be the only thing [for Toshiba] to consider," Gou said. "We can help its technology to be sold in products all over the world. That is Foxconn's advantage."
Foxconn has been looking to increase profit margins, as well as diversify its growing manufacturing business, said Patrick Moorhead, president of market research firm Moorhead Insights.
"What they haven't participated in is semiconductors and this would be one giant step for them," Moorhead said. "It also moves them further up the value chain."
Toshiba has sought to sell off its chip unit as it readies to take a write-down valued between $4.3 billion and $6.1 billion on its U.S. nuclear operations. The Japan-based company is expected to exit the Westinghouse business sometime this year.
Japanese government officials and Toshiba executives have signaled that they'd favor bids from a Japanese company or a joint venture between a Japanese and U.S. company because they see the chip business as a strategic asset, the Wall Street Journal reports. Foxconn, in particular, could face push back to any proposed deal due to its ties to mainland China because of potential security risks.
U.S. regulators could also challenge the deal because Toshiba has a partnership with Western Digital's SanDisk unit, called Flash Ventures, that develops and manufactures NAND flash chips.
Apple, Alphabet and Western Digital are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL, GOOGL or WDC? Learn more now.
https://www.thestreet.com/story/14080713/1/why-foxconn-might-be-prepared-to-pay-a-whopping-sum-for-toshiba-s-chip-business.html?puc=yahoo&cm_ven=YAHOO
hrbart:
Better yet, perhaps a change of Management would Help, I vote for that!!!!
What I mean is that things like stents are easier to take than open heart surgery.
I had triple bypass which was painful and required me to stay in the hospital for 8 days, four of which were in intensive care.
I also have had stents (twice) that I was awake during the procedure, was less painful (what I call invasive), and I was out of the hospital the next day.
My wife had orthroscopic knee surgery that took 1 hour and she was out that same day.
SO, these are what I call 'less invasive' procedures for a lack of a better word. Perhaps I should have call these procedures as alternatives to going under the knife.
dndodd: So, did you abandon IDCC? I don't see you posting on the board so I am presuming you are out of the stock.
Not much to talk about there. No change in fundamentals. Just waiting for results of ZTE, LG, and other non-licensing companies. Microsoft/Nokia looks like we are getting nowhere and the 244 patent may not prevail. What a waste of time and money (legal fees) on that one. If by some miracle IDCC would prevail, it is found money.
Got Titan from a cold call from a junk broker. It peaked my interests because of the types of 'non-invasive surgeries' being performed (Heart stents is one of them, although its been around long time).
I figure this is a crap shoot, but IF they pull it out, it could be a nice quick pop (double, triple, etc.). Worth gambling with some of my gambling monies.
Rockoaco: Reading bits and pieces on this board. Some times, I get a 'tip' on a stock and I will look at the related IHUB board.
At times, I will watch the stock for a few weeks to see the trend. And so far, the trend IMO is that this stock might go the route of extinction IF something real good doesn't happen soon.
But for now, I don't see anything positive happening -- but keep watching.
I do not have time or patience to go back and read through postings so can someone help me out:
1. Did I read that the company might be granted a patent which would add $4-$5 to the share price?
2, Did I read that there is new 'management' now on board?
3. Did I read that there might be a reverse split on this stock?
4. Did I read that the company raised additional funds through an offering?
trying to sort this out between fact, rumor, or wishful thinking. At $0.26 per share, the downside risk in small but the upside potential, if any, may be worth rolling the dice.
Hell, throwing $25,000 into something that could double in a short period of time is better odds than craps at a casino.
mickeybritt: Many years ago, my wife kept insisting on making enchaladas and gurritos for dinner.
I liked some of the ingredients in each of the meals, but not all of them.
She concocted a new meal that took part of the enchalada ingredients and part of the burrito ingredients into one new dish, and called it an 'ENCHERITTO"
tODAY, tACO Bell and others have 'Encherittos' on their menu. I don't know if her idea came first or coincidentally came from a company product (we never went to Taco Bell or any mexican restaurant).
Too bad if she came up with the idea first, she didn't get a 'Trademark' or naming right on the product.
Oh well! LOL
mickeybritt: NO, it is not IDCC's technology! But nice try.
mickeybritt:
In 1972, Theodore George "Ted" Paraskevakos, while working with Boeing in Huntsville, Alabama, developed a sensor monitoring system that used digital transmission for security, fire, and medical alarm systems as well as meter reading capabilities. This technology was a spin-off of the automatic telephone line identification system, now known as Caller ID.
In 1974, Paraskevakos was awarded a U.S. patent for this technology.[13] In 1977, he launched Metretek, Inc, which developed and produced the first fully automated, commercially available remote meter reading and load management system. Since this system was developed pre-Internet, Metretek utilized the IBM series 1 mini-computer. For this approach, Paraskevakos and Metretek were awarded multiple patents
mickeybritt: Illinois already has 'SMART METERS' installed in many homes.
Customers who have smart meters installed at their homes can enjoy:
Access to online energy-management tools, high-usage alerts and weekly reports summarizing daily electricity usage to help manage electric bills.
The option to enroll in ComEd's Peak Time Savings program, and earn a credit on electric bills by voluntarily reducing electricity use when it is most in demand.?
Pay the hourly market price for electricity by signing up for Hourly Pricing and save money by shifting electricity use to times when prices are lower.
Fewer estimated bills, and smart meters help eliminate the need for a meter reader to visit your home.
Smart meters are digital, electric meters that wirelessly provide secure, two-way communication between the meter and ComEd and also allow you access to more information about your usage.
Excelon would send their meter reader out on one day each month; three days later, Nicor (gas company) would send their meter readers to the same homes.
I suggested to both companies ,amy years ago to 'share' the routes; One meter reader would check both meters on one day, thus eliminating 50% of the workforce. Both companies thought it was a good idea and would look into it, but nothing ever developed (I wqonder why ??? Union objection ???)
Haven't looked at this stock since the end of the year, when a 'cold call' broker said to add this one on my watch list for the beginning of 2017.
The guy said that there was an extraordinary amount of year-end selling for tax losses and that the stock would move up after the 1st of the year.
He called ma again around the 3rd of January, when he said the stock jumped by almost 50%. He felt it would be up nicely by the end of January, and I could see a 300% profit if I got in with about $25,000.
Well, I had around $25,000 available and was going to take a fly at the stock on his comments. Luckily I didn't follow through. Stock is down from $0.50 to $0.26 and he would have cost me a bundle.
I guess it's not worth trying to hit the grand slam on these penny stocks, as most of them go bust when they are down this low.
BTW, he hasn't called me since and thank God I lost his number, otherwise I would have ripped him a new azzhole.
hrbart:
they do not get any bonus for work not done
mickeybritt: You are blowing hot air out of your rear end.
When Samsung's license was announced on 6-3-14, the share price moved up $8.00.
When Apple's license was announced on 12-15-16, the share price moved up $6.00
At those points in time, you were saying that these 2 companies signed, you were saying the price was going to $200 and those companies owed probably billions of dollars.
You continued to challenge the monies IDCC would gain from the IOT when Merritt was EXTREMELY CONSERVATIVE in his estimates.
"Irrational exuberance" is a phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a speech given at the American Enterprise Institute during the dot-com bubble of the 1990s. The phrase was interpreted as a warning that the market might be somewhat overvalued.
mickeybritt: you are very exuberant in your predictions. You need to control your 'emotions' and let whatever will happen come to be.
mickeybritt: You are way too aggressive on your projections.
What price increase was realized when APPLE OR sAMSUNG SIGNED?
nO WHERE CLOSE TO $20. What makes ZTE so special that it would jump the hare price by $20.
3 days longer than February, but shorter by 1 hour due to daylight savings time. LOL
Maybe this would be a good weekend for ZTE to come to the table and settle up with InterDigirtal.
Got one monkey off their back; time to get another one off their bcks also.
JMO
I wonder if ZTE's coping to sanctions violation is in any wag going to affect the IDCC / ZTE decision and any future court matters.
Seems to me that if you screwed the International Emergency Economic Powers Act by underhanded dealings, it would only hold true that they in fact screwed other companies, including IDCC, it patent infringement.
I also wonder whether the stuff they sold to Iran included any patents that IDCC has sued over.
I just hope the courts, justices, and agencies that are handling the IDCC vs ZTE matters take a close look at the IEEPA mtter and conclude that ZTE is NOT an honorable company.
JMO
These shares were executive compensation plan for Non-Directors (only a limited few insiders).
Janet point used to get shares but Patrick VanDerWillie doesn't. That makes you wonder why ! ! !
Any thoughts ?
Here are the numbers for the awards (rounded in even shares):
McQuilken received 34,099, sold 19,347, retained 11,752
Shay received 34,099, sold 19,193, retained 14,906
Nolan received 20,461, sold 11,492, retained 6,969
Merritt received 53,706, sold 31,496, retained 22,210
Lau received 13,640, sold 7,378, retained 6,262
Brezski received 23,870, sold 13,031, retained 10,839