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mschere....you are mysteriously quiet today...what are you thinking about what is going on? Thanks
AS disgusting as this is to watch I am confused as ever, I thought about selling at the open and now am considering buying more......oh what a tangled web this is....I have a HUGE belief that IDCC had turned the corner but geez I almost wonder if there is more to this situation than just the downgrade....which is what is keeping me from buying..
I will say that our guess that shares were in much stronger hands was completely incorrect? How about we see a bunch of Form 4's in the next few days from upper mgmt saying they BOUGHT with their own dollars today due to their perception that IDCC is now undervalued?
I truly never thought we would see sub $30 again...very disappointing
man what the hey is going on we are dropping like a rock...........something in the wind or just no buyers working this afternoon
I bet you use TD waterhouse....mine showed 35.01 closing price until I think about 4:20 at which time it ammended to 34.89....I'm not picky.....its all good...
pessimism will get him nowhere....come on $35!!!!!!!!!
walldiver...no level II here but from what I heard yesterday, FACT wasn't active, don't know about today...I would like to believe that maybe they CAN"T be buying today and also with the low volume I believe they would be substantially handcuffed to buy anyway. I, like Jim, expect some good news next week. In the meantime, all things considered, we have held up pretty well the last ten days of trading with the market being in the crapper...JMO
yeah that would be alright, that would put IDCC selling at about $1180/share if some quick math was correct (64.85 billion mkt cap....approx 55 mill shares) I would be happy at 1/10 the market cap, unless I am missing on the math
I'll take it.....thanks IDCC, like 32.75 to 34.00 for the week, I'll be happy with that percentage each and every week through the rest of the year
http://finance.yahoo.com/q/bc?s=IDCC&t=5d
Data Rox, I would be interested in your take on this situation with Nokia and Sanyo.....thanks
nice day, I show 1.4 mill shares closing at 34.31 for anyone without real time quotes who might be interested
Boy toss on a little good news to this momo and look out....if people can't figure out that things have changed with IDCC, you must also be one that thinks that cell phones are a fad.....this is a different Interdigital....time to enjoy the fruits of the past research, patience and stress
nope......you might be using TD waterhouse streamer like me....it hung up everything for a just bit...
lastchoice or anyone.....Is FACT the one buying for the company? If so, have they been active over the last 5 days or so? thanks
Just for fun....I saw an advertisement on cnbc for vectorvest. I went to their website an asked for a free analysis of IDCC...here is what came back.....again just for fun but maybe a little interesting to some
VectorVest Stock Analysis of InterDigital as of 6/19/2006
This report has five major sections.
Capital Appreciation Analysis
Dividend Analysis
Price-Volume Data
Sales / Market Capitalization Information
Summary
Business: INTERDIGITAL COMMUN CORP, (IDCC) develops and markets advanced advanced technology solutions for the wireless industry, such as Internet access and high data rates for third generation (3G) applications.
Business Sector: IDCC has been assigned to the Telecomm Business Sector. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Industry Group: IDCC has been assigned to the Telecomm (Cellular) Industry Group. VectorVest classifies stocks into over 200 Industry Groups and 40 Business Sectors.
Capital Appreciation Analysis Back to top
Value: Value is a measure of a stock's current worth. IDCC has a current Value of $20.42 per share. Therefore, it is overvalued compared to its Price of $33.46 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge.
RV (Relative Value): RV is an indicator of long-term price appreciation potential. IDCC has an RV of 1.29, which is very good on a scale of 0.00 to 2.00. This indicator is far superior to a simple comparison of Price and Value because it is computed from an analysis of projected price appreciation three years out, AAA Corporate Bond Rates, and risk. RV solves the riddle of whether it is preferable to buy High growth, High P/E stocks, or Low growth, Low P/E stocks. VectorVest favors the purchase of stocks with RV ratings above 1.00.
RS (Relative Safety): RS is an indicator of risk. IDCC has an RS rating of 1.20, which is good on a scale of 0.00 to 2.00. RS is computed from an analysis of the consistency and predictability of a company's financial performance, debt to equity ratio, sales volume, business longevity, price volatility and other factors. A stock with an RS rating greater than 1.00 is safer and more predictable than the average stock in the VectorVest database. VectorVest favors the purchase of stocks of companies with consistent, predictable financial performance.
RT (Relative Timing): RT is a fast, smart, accurate indicator of a stock's price trend. IDCC has a Relative Timing rating of 1.58, which is excellent on a scale of 0.00 to 2.00. RT is computed from an analysis of the direction, magnitude, and dynamics of a stock's price movements over one day, one week, one quarter and one year time periods. Once a stock's price has established a strong trend, it is expected to continue in that trend for the short-term. If a trend dissipates, RT will gravitate toward 1.00. RT will explode from bottoms, dive from tops, and reflect changes in price momentum. VectorVest favors the purchase of stocks with RT ratings above 1.00.
VST (VST-Vector): VST is the master indicator for ranking every stock in the VectorVest database. IDCC has a VST rating of 1.38, which is very good on a scale of 0.00 to 2.00. VST is computed from the square root of a weighted sum of the squares of RV, RS, and RT. Stocks with the highest VST ratings have the best combinations of Value, Safety and Timing. These are the stocks to own for above average, long-term capital appreciation. VectorVest advocates the purchase of safe, undervalued stocks rising in price.
Recommendation (REC): VectorVest gives a Buy, Sell, Hold recommendation on every stock, every day. IDCC has a Buy recommendation. REC reflects the cumulative effect of all the VectorVest parameters working together. These parameters are designed to help investors buy safe, undervalued stocks rising in price. They also help investors avoid or sell risky, overvalued stocks falling in price. VectorVest recommends that investors buy high VST-Vector, Buy-rated stocks in rising markets.
Stop (Stop-Price): Stop is an indicator of when to sell a long position or cover a short position. IDCC has a Stop of $27.77 per share. This is $5.69 below IDCC's current closing Price. A stock's Stop is computed from a 13 week moving average of its closing prices, and is fine-tuned according to the stock's fundamentals. High RV, high RS stocks have lower Stops, and low RV, low RS stocks have higher Stops. In the VectorVest system, a stock gets a 'B' or 'H' recommendation if its Price is above its Stop and an 'S' recommendation if its Price is below its Stop.
GRT (Earnings Growth Rate): GRT reflects a company's one to three year forecasted earnings growth rate in percent per year. IDCC has a forecasted Earnings Growth Rate of 29.00%, which VectorVest considers to be excellent. GRT is computed from historical, current and forecasted earnings data. It is updated each week for every stock in the VectorVest database. GRT often foretells a stock's future price trend. If a stock's GRT trend is upward, the stock's price will likely rise. If GRT is trending downward, the stock's Price will probably fall. VectorVest favors the purchase of stocks whose GRT is rising and is greater than the sum of current inflation and interest rates, (10.44%).
EPS (Earnings per Share): EPS stands for leading 12 months Earnings Per Share. IDCC has a forecasted EPS of $0.94 per share. VectorVest determines this forecast from a combination of recent earnings performance and traditional fiscal and/or calendar year earnings forecasts.
P/E (Price to Earnings Ratio): P/E is a popular measure of stock valuation which shows the dollars required to buy one dollar of earnings. IDCC has a P/E of 35.60. This ratio may be deemed to be high or low depending upon your frame of reference. The average P/E of all the stocks in the VectorVest database is 25.82. P/E is computed daily using the formula: P/E = Price/EPS.
EY (Earnings Yield): EY reflects earnings per share as a percent of Price. EY is related to P/E via the formula, EY = 100 / (P/E), and may be used in place of P/E as a measure of valuation. EY has the advantages that it is always determinate and can reflect negative earnings. IDCC has an EY of 2.80 percent. This is below the current average of 3.86% for all the stocks in the VectorVest database. EY equals 100 x (EPS/Price).
GPE (Growth to P/E Ratio): GPE is another popular measure of stock valuation. It compares earnings growth rate to P/E ratio. IDCC has a GPE rating of 0.82. High growth stocks are believed to be able to justify high P/E ratios. A stock is commonly considered to be undervalued when GPE is greater than 1.00 and overvalued when GPE is below 1.00. Unfortunately, this rule of thumb does not take into account the effect of interest rates on P/E ratios. The operative GPE ratio of 1.00 is valid when and only when interest rates equal 10%. With long-term interest rates currently at 6.24%, the operative GPE ratio is 0.39. Therefore, IDCC may be considered to be undervalued.
Dividend Analysis Back to top
DIV (Dividend): VectorVest reports annual, regular, cash dividends as indicated by the most recent payments. Special distributions, one-time payments, stock dividends, etc., are not generally included in DIV. IDCC does not pay a dividend.
DY (Dividend Yield): DY reflects dividend per share as a percent of Price. IDCC does not pay a dividend, so it does not have a Dividend Yield rating. . DY equals 100 x (DIV/Price). It is useful to compare DY with EY. If DY is not significantly lower than EY, the dividend payment may be in jeopardy.
DS (Dividend Safety): DS is an indicator of the assurance that regular cash dividends will be declared and paid at current or at higher rates for the foreseeable future. IDCC does not pay a dividend, so it does not have a Dividend Safety rating . Stocks with DS values above 75 typically have RS values well above 1.00 and EY levels that are much higher than DY.
DG (Dividend Growth Rate): Dividend Growth is a subtle yet important indicator of a company's financial performance. It also provides some insight into the board's outlook on the company's ability to increase earnings. IDCC does not pay a dividend, so it does not have a Dividend Growth rating .
YSG (YSG-Vector): YSG is an indicator which combines DIV, DY and DG into a single value, and allows direct comparison of all dividend-paying stocks in the database. IDCC does not pay a dividend, so it does not have a YSG rating . Stocks with the highest YSG values have the best combinations of Dividend Yield, Safety and Growth. These are the stocks to buy for above average current income and long-term growth.
Price-Volume Data Back to top
Price: IDCC closed on 6/19/2006 at $33.46 per share
Open: IDCC opened trading at a price of $32.30 per share on 6/19/2006.
High: IDCC traded at a High price of $33.52 per share on 6/19/2006.
Low: IDCC traded at a Low price of $32.30 per share on 6/19/2006
Close: IDCC closed trading at price $33.46 per share on 6/19/2006. (Close is also called Price in the VectorVest system)
Range: Range reflects the difference between the High and Low prices for the day. IDCC traded with a range of $1.22 per share on 6/19/2006.
$Change: IDCC closed up 1.17 from the prior day's closing Price.
%PRC: IDCC's Price changed 3.62% from the prior day's closing price.
Volume: IDCC traded 1,801,476 shares on 6/19/2006.
AvgVol: AvgVol is the 50 day moving average of daily volume as computed by VectorVest. IDCC has an AvgVol of 1,115,000 shares traded per day.
%Vol: %Vol reflects the percent change in today's trading volume as compared to the AvgVol. %Vol equals ((Volume - AvgVol) / AvgVol ) * 100. IDCC had a %Vol of 61.57% on 6/19/2006
CI (Comfort Index): CI is an indicator which reflects a stock's ability to resist severe and/or lengthy price declines. IDCC has a CI rating of 1.61, which is excellent on a scale of 0.00 to 2.00. CI is quite different from RS in that it is based solely upon a stock's long-term price history. VectorVest advocates the purchase of high CI stocks.
Sales / Market Capitalization Information Back to top
Sales: IDCC has annual sales of $179,000,000
Sales Growth: Sales Growth is the Sales Growth Rate in percent over the last 12 months. IDCC has a Sales Growth of 45.00% per year. This is excellent. Sales Growth is updated each week for every stock. It is often useful to compare Sales Growth to Earnings Growth to gain an insight into a company's operations.
Sales Per Share (SPS): IDCC has annual sales of $3.25 per share. SPS can be used as a measure of valuation when comparing stocks within an Industry Group.
Price to Sales Ratio (P/S): IDCC has a P/S of 10.30. This ratio is also used as a measure of valuation. Here, too, it is useful when comparing stocks within an Industry Group.
Shares: IDCC has 55,000,000 shares of stock outstanding.
Market Capitalization: IDCC has a Market Capitalization of $1,845,000,000. Market Capitalization is calculated by multiplying price times shares outstanding.
Summary Back to top
IDCC is overvalued compared to its Price of $33.46 per share, has somewhat above average safety, and is currently rated a Buy.
The basic strategy of VectorVest is to buy Low risk, High reward stocks. We suggest that Prudent investors buy enough High Relative Value, High Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve.
Graphs
InterDigital
Telecomm (Cellular)
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thanks for posting....$$$$$ on the way....
While it is obvious some here enjoyed that little down spell (about what 10 minutes worth), I have enjoyed the ride the ENTIRE last 10 days. I do think we need to be realistic that this will not go up every day forever, additionally we may still see some traders take their 10% and go home. The big picture however is that instituional buying has been what has been at work here over the last week and that my LONG friends is what it is all about. Don't get excited about some of the pullbacks that are undoubtedly ahead, keep your eye on what the institutions are getting in IDCC for, longterm profitability and recurring revenue. JMO
wooo hoooo......31 in sight now......spoke to soon, but the day aint done
Nice price action and nice to see another 30.00 print today....EOM
OT OT Danny...this might help you too...there is some pretty good basic info to read on his website
http://www.stephenmurphy.org/contact/index.html
Very nice to see the swing in share price this afternoon to green, especially in light of no earthshattering announcements and the "perceived" little downgrade yesterday afternoon. all is well in IDCC land IMO
2007 reves/eps.....MTJBKH, I think you bring up a very obvious and valid point to most here. The way to keep that 7X EPS in 2007 will have to be with replacing theses one time events with a substantial recurring revenue stream. I am as hopeful as mschere that we will see those revs continue only in 2007 via new licensing (2006) revs on 3G vs these one time events.
I don't know about as of recently, but for a nice stretch of time Tuesdays seem to be the "news days" for IDCC. Would like to see something tomorrow, we survived pretty good today in another bad market day..JMO
I don't know about as of recently, but for a nice stretch of time Tuesdays seem to be the "news days" for IDCC. Would like to see something tomorrow, we survived pretty good today in another bad market day..JMO
JMO, but I think if it were Samsung rying to JUST settle 2G it would have been done by now. There should ahve been very little to discuss after Nokia ponied up. My guess is they are negotiating 2G and 3G and I expect an announcement prior to the ASM. Just my 2 cents worth
thus the reason to withdraw...I am not going to keep cluttering the board with additional posts on this topic. I told you I should not have posted it and that is why I withdrew it, end of story. Move on
per your PM, whatever...I deleted it to NOT STIR anything personally on the board. I don't know what is stupid (your words to me in PM) about withdrawing a comment I shouldn't have posted.
deleted....bite my tongue....needless to say we'll have the normal told you so's
wireless...my 2 cents..I love my Treo 650 for everything except certain aspects of the phone function. The email aspect is dynamite as I have it "Goodlinked" to our system and I get messages instantly. The contacts, calendar, and bluetooth are very nice. What I don't like about the phone is the dialing or searching for contacts function. Its too tough to navigate and punch in letters or numbers when going down the road...if you are stationary and can give it your full attention its fine...
Nokia 3G deal...I guess after listening to the conference call and reading it again here on IHUB, I have to believe BM that this clears the way to a 3G deal with Nokia. He must see or feel something more than I can imagine because it does look like the LEVERAGE that we had, is now gone. I certainly hope that this doesn't turn out to be another one of those "companies of integrety" that after being given a break, didn't reciprocate. We need our latest "watershed event" to lead to a QUICK 3G deal with Nokia, as there had to have been massive pre-settlement structuring and posturing for 3G with Nokia. What is left to do? I think we NEED a good 3G deal with Nokia in the next 60 days, not the next 6-8 months in order to keep some licensing momentum going. BM has done very well so far in my opinion, despite my feeling we gave away too much. The truth of the matter is, what is negotiated for Interdigital on 3G with Nokia is going to set the table for our future revenues, it better be sooner than later. To me, the biggest crossroads for IDCC is now, (3G deal with Nokia), not the $253 million settlement last week. I am, and always have been here for 3G, the time to start getting paid for 3G has to be NOW. I would bet Data is right that the $100 mill that they escaped was conservative, but my chips are "all in" that UB sees something more. Work your magic, get em' signed....
my opinion is we really hit the skids the last half hour not at 29.00 or even shortly after...daytraders....nothing more...
the daytraders are having their fun...made a couple bucks a share and now they are heading out the door...we will have support here in the next few days I am betting....regardless, I feel much better we are NOT going to keep playing the waiting game via appeals..I do think once Samsung is clear, a buyout becomes more probable..
not that I want it...after all these years we are finally seeing some reqards
OT thank you jimmylee......
OT: Can anyone tell me where I can check to see what the short interest is in any stock? Thanks
dmiller...additional fun fact....excluding IDCC, I have averaged just over 17% return in the last 6 months on the 7 other individual stocks that I own. TODAY all 8 are down. Get it...its not ALWAYS just an IDCC thing. I talked to my broker about two weeks ago about moving some idle money into a couple other stocks I have been watching. His response "sit on the sidelines for a bit, I don't really like the market right now,".....just his and my two cents
good point!!!!!!!!....eom
just my two cents.....I personally couldn't give a fat rats rear about todays share price. In all the years I have been in this investment I have never been so encouraged by a conference call. I liked what was said but more so I really liked the tone that was presented. I can't for the life of me figure out how so many try to throw a negative on a share buyback of this magnitude by this partticular company. Unprecedented? I certainly think so. Everyone is entitled to their opinion, but as things stand I wouldn't part with share one for under $40. There is a confidence that emanates from this company right now and I think for good reason. I intend to stick around and let UB continue to make good things happen...
looks to me that he was just poitning out that you are pretty good at trying to find the negative.....like the "hahahaha comment"
OT: Please excuse the off topic in the middle of the IDCC day....someone here is pretty familiar with PANL...can you e-mail me...falconftr@yahoo.com would like to discuss