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dclarke, thanks for making that point...I forgot to mention that in my post. So, pegatron would makeup for any lost revenue for IDCC.
-vg_future
JeffreyHF, no matter what you say, it didn't sound like a sincere question. JMO. I don't feel like reciprocating the same wisdom what you bestow on this board.
-vg_future
JeffreyHF, your true colors coming out.....this means you got deeply hurt that QCOM didn't get Apple business up until now....and, as you said, it is a rumor....so, we are not sure about the future either. Just worry about any Android based revenue that QCOM loses if next gen iphone eats android market share and QCOM happens to be in that phone....not much of a victory if you really see....PROVIDED IT HAPPENS....it is just a rumor
JMHO,
vg_future
2112, as long as we have good results and story, then we are okay....we don't necessarily need new licences announced by CC. Also, the current IDCC move is not an earnings runup IMHO...it is tied to positive research reports.
-vg_future
olddog967, thanks. I understand. I was thinking from Apple, Infineon & Foxconn combination and Apple, Qualcomm?? & Pegatron combination. So, we should get paid (of course depending on Apple license) on CDMA handsets as well though they don't carry Infineon chips. The net amount per handset might not be impacted for IDCC.
JMHO,
vg_future
ellismd, that means $$$$ for IDCC. Thanks for the NEWS snippet.
-vg_future
GBR, I presume your question was in jest.....or else, you were creating more noise on this board for something that is simply business as usual. IMHO, shareholders should stay away from IDCC's day to day business...particularly this type of R&D stuff.
-vg_future
With all these lawsuits popping up against AAPL, it makes more sense for them to get a good war chest.....may I suggest IDCC.
JMHO,
vg_future
DShostakovich, I think the "undervalued" articles set the background and the recommendation from Canada with the price target of 48 lit the fire. IMHO, this move will continue. Good luck to all longs.
-vg_future
DShostakovich, these sales are from 10/1/10. So, obviously, they don't have to be pre-announced (plan has to be set in advance though) in a PR statement. I am not an expert around the SEC rules.
-vg_future
nessco, I would have to disagree. I don't think the downward move started with the form 4 reporting. Check the timeline and trades for today.
-vg_future
olddog967, possible and they might have been set around the same time with a trigger date/price. Since they are set in advance, these sales shouldn't reflect on the current status or any ongoing negotiations.
JMHO,
vg_future
nickyc, he held them until close to expiration.....pretty good indication I would say. This planned sale is not a big deal. Posters on this board are making noise for unnecessary things.....either unknowingly or intentionally (as is the case with some noted posters).
-vg_future
MTJBKH, not necessarily bad for us...as we have seen from the other sales. The world still moves. It is not a big deal and let's not make one out of it.
-vg_future
MTJBKH, planned sale...please give the whole picture in the post header. Actually 2 more sales....they are planned sales too.
-vg_future
felix7, I have been here for more than 12 yrs and I know what they are talking about....I still question the motives of the guys posting this stuff. They can't pose like un-biased guys when they show their true colors in other posts. Let the truth be told...a planned sale is a planned sale and has to be set in advance with conditions on date, price or both set. I might disagree with mgmt, but that doesn't mean that I post false stuff about them. If they can call the top so well, they don't have to work at IDCC...they could make millions in the market in other stocks.
The movement is fueled by excellent coverage with some balls and these planned sales wouldn't put a dent in that....the stock might fall on its own or due to market conditions, but not because of these sales.
JMHO,
vg_future
Please know the difference between a planned sale and a regular one. The sale could have been set by a date, price or both and well in advance.
-vg_future
Beware! few guys (no need to name them) are desperately trying to enter the stock and they would say anything to discredit the current move and its importance. Their attempts will not impact the share movement, but the board becomes annoyingly unreadable for any real investors. Please don't engage them. I am crediting the move to the good coverage that we got and as per the set target we should have lots of steam left.
JMHO,
vg_future
JimLur, I think the cancellation comes with many restrictions and if they have material information....IMHO, that will be a big NO. Somebody on this board posted this info in the past.
-vg_future
Thanks postyle & olddog967. Much appreciated.
-vg_future
postyle, the bid is showing as 30.40 though. Do we know the bid size could be? TIA.
-vg_future
We don't need rumors to support this movement. We have solid coverage NEWS. So, don't waste time with rumors. It will only attract posters that whine & vent often....unnecessarily.
I see that the bid and ask are up to 30.35 and 30.71...probably more people looked at the report posted by JimLur. Thanks for that report Jim...much apperciated.
-vg_future
Does it matter? We got good coverage identifying the potential. Do we need another rumor to explain this run? If there is another reason that is good or else we should be happy that somebody is identifying the potential. Look at the support that you get when you ask a question like this. That should be a sign. JMHO.
-vg_future
GBR, people sell for various reasons. Anyway, is this the same guy who has been taking selling IDCC while investing in some other business?
Anyway, this sale is not that important and people sell for all types of reasons.
JMHO,
vg_future
Data_Rox, we shouldn't forget to take the equity stake of the deal into consideration. For curiosity reasons, what kind of money is QCOM (taking its equity stake into consideration) getting from Pantech for LTE?
-vg_future
gattica, okay. Thanks for the info. So, in that case I am all for it then
Let's sprint for sprint.
-vg_future
gattica, that could be true too. But, is Sprint's 4g LTE or wimax?
-vg_future
Data_Rox, yes..rumors would definitely get more loud. I forgot to mention one negative impact of the CEO's statement though. People who are holding off on signing up with AT&T in hopes of a Verizon iPhone might go ahead and sign up with AT&T because the CEO is saying that it is not anytime soon. But, again, you would never know...they can always pull a surprise.
-vg_future
Data_Rox, agreed. As I said,we would never know until the day comes.
-vg_future
MJPLIFE11, yes. To be fair, we can't blame all this on mgmt. EOM
-vg_future
Verizon CEO hints iPhone not coming soon
Verizon CEO Seidenberg downplays chance of getting iPhone soon
http://finance.yahoo.com/news/Verizon-CEO-hints-iPhone-not-apf-4067176510.html?x=0&.v=9
On one hand, we have bunch QCOM analysts predicting their story and making projections while Verizon is not ready to bite (it could still be in the works....we would never know until it happens) and on the other hand, we have IDCC analysts (or lack thereof) who are not ready to give any credit (in spite of the well known relation with iPhone and infineon) and simply cry LG at every step.
JMHO,
vg_future
Probably IDCC would fit in this model....hope he takes interest
http://www.fool.com/investing/general/2010/09/08/is-rambus-a-buffett-stock.aspx
Is Rambus a Buffett Stock?
By Ilan Moscovitz | More Articles
September 8, 2010 | Comments (0)
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Warren Buffett attracts a lot of attention. As the world's third-richest person and most celebrated investor, thousands try to glean what they can from his thinking processes and track his investments.
While we can't know for sure whether Buffett is about to buy Rambus (Nasdaq: RMBS) -- he hasn't specifically mentioned anything about it to me -- he has left us some clues as to whether it's the sort of stock that might interest him. Answering that question could also inform whether it's a stock that should interest us.
In his most recent 10-K, Buffett lays out the qualities he looks for in an investment. In addition to adequate size and a reasonable valuation, he demands:
Consistent earnings power.
Good returns on equity with limited or no debt.
Management in place.
Simple, non-techno mumbo jumbo businesses.
Does Rambus meet Buffett's standards?
1. Earnings power
Buffett is famous for betting on a sure thing. For that reason, he likes to see companies with demonstrated earnings stability.
Let's examine Rambus' earnings and free cash flow history:
-vg_future
Data_Rox, ignore me if you think I am butting in. Anyway, I have a point to make in response to your post. You asked what changed in Feb and March to cause the dive...we all know that the results were bad due to a option related charge of 9 mill and discarding of the slimchip business and this shouldn't have changed his overall analysis (as he predicted it or was calling for it).
Let me ask you (or it would be a question for the analyst)...what changed between his original recommendation (price target of 39) and the new one that he had to reduce the target to 33? His neutral rating has the foul smell of option plays that he recommended...nothing more nothing less. He didn't jump in and give a buy rating for quite sometime (even after it went below the price that he made his original $39 dollar targeted recommendation).
JMHO,
vg_future
It could be true as well. IMHO, the article is positive about IDCC and I am happy about that. I wouldn't start clouding it with my doubts....and I think everybody should do the same. We have enough nay sayers here.
-vg_future
glennymo, I am not arguing that...I am only commenting on other comment being BS....there was a lot of discussion on that comment.
JMHO,
vg_future
Not to start a discusssion, but, I would have to disagree on your "substantial progress" comment. IDCC did what he has to do under the circumstances (NOK getting a life line from Judge Batts). We can't blame IDCC for trying to support the price during a negative event. Legally speaking, maybe it was substantial progress....so, I wouldn't qualify it as BS and whether anybody agrees or not it did work when it was released...so, in other words...it served the purpose.
JMHO,
vg_future
olddog967, thanks for the info. From bloomberg, the average analyst estimate is $2.62
http://investing.businessweek.com/research/stocks/earnings/earnings.asp?ticker=IDCC:US
Highest is $3.25 and Lowest is $1.7, which makes the average of the other two analysts $2.765
This tells me that the nervous analyst (or the fear monger...for whatever reason) has given an estimate of 1.70. According to this guy IDCC wouldn't be making much money and it is all gloom and doom. I am not sure, but, I wouldn't be surprised if this is the same analyst who is questioning Samsung's renewal though it doesn't expire anytime soon.
Here you go...your message generated first comment.
JMHO,
vg_future
olddog967, it is really amazing that what started as a fear/doubt by somebody on this board and conveniently picked up by an analyst is now taken as a fact....this is regarding the "still in question" comment.
JMHO,
vg_future
Thanks Data_Rox for posting that. I thought I read somewhere that the portfolio would be broken into smaller chunks and you provided the proof/details.
-vg_future
FISH2049, I could be wrong, but I don't think IDCC is going for the whole portfolio...IDCC might have bid for only a portion of it (even a portion of it could cost few hundred mill). IMO, IDCC would bring its own LTE portfolio and some money to the table and the other party (or parties) would bring bigger chunk of money and they all share the benefits if they win the bidding. IDCC's portfolio is pretty significant, so, they might only use part of it (again JMHO).
I think next few weeks (while the whole Intel - Infineon - maybe Apple thing unravels) would be interesting.
-vg_future