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.
I still have both BIDU, GOOG. Need to be conservative (when it is overload). Learn hard lesson from IDCC (when I was 100% IDCC). Anything could happens. BIDU one time was up to $359 next day was down to $294. I think that was on October 11 (which was my birth day. So It was not happy birth day). Then I was PUT to me at $320 in October. When it was close that Friday at $315 (Oct.21). I also sold BIDU put 370 & 380 a few days ago. Now big paper profit. I guess I will close the position on Monday. I normally close far out PUT position to be safe. Then open a few new near money PUT position at higher strike price to get most for the money. I probably be PUT to me again when down draft happens. It is only a stock. Goal is to make MONEY. BIDU could be down to $350 if stupid annalysist come out and say that growth is slowing.
Diversify. Diversify and don't get killed in one stock when price move against you. Take some small profit when you can.
Buy another set at $21.60 in last few minutes. Seem to me there is a rush to get in with higher volume. Hope trend continue on the upside on Monday. I will keep buying until running out of reserve CASH and only if price continue SLOWLY upward.
FYI : I am starting to accumulating position again. MACD is starting to cross over. Volume is above average plus company buy back. I think trend is reversing and closing in on moving average. Money was well spent on BIDU & GOOG during a break from IDCC.
(Still hold 150 GOOG & 200 BIDU with free money)
New IDCC position at $21.45 and selling DEC20 put for free cash. Chance to go below $20 again is relatively small with company buy back and may be new license before year end (IMO).
IMO : Street want to see clearly FUTURE GROWTH. It does not go well when revenue is declining (Even it meet estimate). GROWTH in future revenue of small company is more important than present profit.
IMO : That would mean that Fagan did not retire to be with family . He is still be around Philadelphia. He is either forced out, bad performance, personal (or business) conflict with present management or jump ship whatever the reason is. I doubt that he was leaving for promotion with other company. Seem to me that after he quit. He sent out resume to local company and then got new job.
IMO : I could see is when I need to move money around to buy another stock which on the rise. I would careless for a few pennies per share and putting limit order to SELL at last BID or close to last BID to get out FAST. Today general market RISE. Some may sell lose making money on the book and BUY other stock on the RISE. After 30 days they could come back to buy to KEEP.
I still watch IDCC everyday. I guess I still in love with IDCC after those years it is hard to break habit reading this board.
I is gut decision. This is a stock. Money talk.
It works well so far. I will be back in IDCC in due time when it show money and growth not promise.
All bought within a month after diversify from IDCC. But it work well with my large amount of positions. $300K diverse from IDCC within a month.
market give value to the one who show money and growth.
IDCC is too quiet to be noticed. I am glad I am really diversify with all other winner (IDCC position is very small 1% down from 100% position most last 6-7 years). My large postion is now GOOG, ISRG, RIMM, BIDU, HOLX, AAPL. Those position made up for the loss in IDCC within 1 month.
I hope one of those day, I will move back to IDCC in large position.
FYI : Mad money recommend sell IDCC
InterDigital InterDigital Inc IDCC 21.69 -0.6699 -3%
Quote | Chart | News | Profile | Add to Watchlist
[IDCC 21.69 -0.6699 (-3%) ]: Cramer originally got behind this wireless play in part because it was a hometown name. Now he recommends selling it.
http://www.cnbc.com/id/21193675
If you take profit by end of the day after news, I guess you would be OK. That is IDCC pattern.
Experience with IDCC. Use margin when good NEWS breaks then by day end sell off to get rid of margin (and keep some). I now hold IDCC very small portion. I used to hold 100% then big loss (6 figures) when IDCC down from $34. Most lost from leverage of selling PUT (~$30). I now cover all PUTs. Lucky me I sold most by the time down to $23. Big lessons learn with big lost.
I now diversify right before 1/2 point rate cut. Major holding now company with foreign exposure such as FCX, GS, XOM, COP plus some Tech : GRMN and RIMM. Made up half of the loss after rate cut with above stocks. Hopefully turn positive by year end.
IDCC (UP OR DOWN) would have only minimum impact.
I still read this board every day like an addict. If good news come, I would be ready to dump in CASH (with margin) and help to push it up.
It's Official: Apple is the New Microsoft
Don't look now, but the role of the industry's biggest bully is increasingly played by Apple, not Microsoft.
http://www.pcworld.com/article/id,136949-c,companynews/article.html
I am just checking in while on vacation in Thailand.
Jim.
This is really scare me.
Are IDCC making new 52-weeks low everyday?
When will this slide to the bottom end?
IF IDCC up while market is down, I would consider good sign of bottom support.
IMO : TIER 1 LICENSES & Long litigations process similar to Ericsson in 2G. While filing complaint in ITC is a good things to do however it shows licensing with TIER 1 is not well progress. It will take time before any revenue plus increase litigation expenses. Some with short term perspective want to exit out.
Only thing that could stop down slide is good new TIER 1 license. Promise to obtain license no longer work.
IMO : IDCC did have a hard time to license TIER 1 company. That is why IDCC has to go to ITC to pursue the case. Litigations is only means to do it. I agree with IDCC to go to this route however revenue is decreasing and litigation cost is rising. Stock price suffers until then similar to 2G process in Ericsson.
Never thought I would see $23 again. That is sad.
Yes. It is not time to buyback (w/ still more litigations) without signing new license and solid future revenue.
IMO : New license and Samsung must be reported as it happens. They could not withhold that informations while dividend and buyback could be announced on earning day.
I agreed. Anyone who believe tomorrow would be a good news should buy. I will wait to buy after tomorrow (if good news). Too risky to buy now.
Just give a good license with good future revenue. Buyer will come and stock price would take care itself. Nobody wants to catch falling knife. I definite would add position if good news happens which I don't know when. At the means time stock will drift down since nobody think IDCC have ability to license.
What would happens if earning call is lower? I think Rmarchman said revenue is decreasing. All we need to jump start is good license and show good future earning.
I think he talked about this chart with Bearish price Obj of $18.
http://stockcharts.com/def/servlet/SC.pnf?c=IDCCD,P
Normally the stock never really hit Price objective. It was Bullish price Obj of $48 before. IDCC never come even close to that. So I don't think it would ever go that low. My guess is $24 or $25. I may buy again.
To turn the tide. NEW tier 1 license is needed NOW. If not, we probably sunk at the bottom of the ocean.
IMO : The problem is confident of general shareholder to the ability of management to secure decent license. No meaningful licenses since LG while revenue is declining (per Rmarchman post). Give us a few TIER 1 license, Let see how much stock will do. I still have only small amount left (just to keep interest). It is too risky to stay invest 100% with bad market. The reason I sold most of it because of doubt about ability of IDCC to secure license even IDCC do have essential IPR in 3G. I am glad I did since price now is much lower than when I sold.
However, I really don't care what the market is. If IDCC shows good license, We probably come right back above $30. A few more licenses and show more revenue, It probably back up to $40 or more. I am waiting to get back in again at the right time.
Now I know that have an essential IPR does not really translate to cash since there are many thief around using IPR without paying or pay small % after all the litigation.
The longer they wait to get the license, the more doubt it create about the ability of IDCC to license.
If street can not connect the dot from our licensee progress. (sometime I could not either), I do not not really know how much IDCC get from RIMM, etc... Nobody ever give update on the revenue from our licensees. In that case nobody really know how much IDCC made.
Look at Apple shares up $5 today due to report that apple high profit margin on iPhone. Until IDCC have good report and guideline that show IDCC will have substantial revenue and profit margin increase. That will be the day (same as signing new license)
I sold 20 contracts of Jan08 30 PUT. Maintenance requirement is only $17,585. That is about $880 for each contract. Earlier expiration would be require less maintenance. For September 30 PUT, Maintenance requirement is about $780 per contract.
InterDigital Licenses CEVA-TeakLite(TM) DSP Core for Multi-mode Baseband Platform IP
Last update: 5/14/2007 7:00:00 AM
Agreement shortens time to deployment for customers targeting 2G/3G baseband solutions
SAN JOSE, Calif., May 14, 2007 /PRNewswire-FirstCall via COMTEX/ -- CEVA, Inc. [(CEVA); (UK:CVA)], a leading licensor of innovative intellectual property (IP) platform solutions and DSP cores for wireless, consumer and multimedia applications, today announced that InterDigital Communications Corporation has licensed the CEVA-TeakLite(TM) DSP core for its advanced multi-mode baseband platform solutions. Under the terms of the agreement, InterDigital and its customers can embed the CEVA-TeakLite DSP core into Application Specific Integrated Circuit (ASIC) designs targeting 2G/3G baseband solutions.
Mark Lemmo, Executive Vice President of Business Development and Product Management of InterDigital, stated, "This agreement allows InterDigital to effectively address the requirements of our customers who require a high-value, proven multi-mode baseband solution to be integrated into their next-generation chips. The CEVA-TeakLite is regarded as one of the most successful DSP cores in the semiconductor industry and we are pleased to include this technology as part of our baseband product solution."
"We are pleased to have InterDigital as a licensee, a leader in the development of 2G/3G multi-mode wireless baseband technologies and products," said Gideon Wertheizer, CEO of CEVA. "InterDigital's multi-mode baseband platform solutions, incorporating the CEVA-TeakLite DSP, will enable customers to address the growing opportunities and shorten the time to deployment for customers aiming to develop baseband chips."
The CEVA-TeakLite is a broadly used general-purpose DSP core optimized for low-power and high-performance digital signal processing applications. The core enables a large range of high-volume applications such as cellular handsets, DVDs, disk drives, VoIP gateways, IP phones, mobile audio and more. The core is used as an engine for DSP processing functions such as baseband processing, voice and audio compression, servo control and more. The fully synthesizable, process-independent CEVA-TeakLite can be ported to any ASIC or foundry based designs.
About InterDigital
InterDigital Communications Corporation designs, develops, and provides advanced wireless technologies and products that drive voice and data communications. InterDigital is a leading contributor to the global wireless standards and holds a strong portfolio of patented technologies which it licenses to manufacturers of 2G, 2.5G, 3G and 802 products worldwide. Additionally, the company offers baseband product solutions and protocol software for 3G multimode terminals and converged devices. InterDigital's differentiated technology and product solutions deliver time-to-market, performance and cost benefits.
For more information, please visit InterDigital's web site:
About CEVA, Inc.
Headquartered in San Jose, Calif., CEVA is a leading licensor of innovative intellectual property (IP) platform solutions and DSP cores for wireless, consumer and multimedia applications. CEVA's IP portfolio includes comprehensive platform solutions for multimedia, audio, voice over packet (VoP), Bluetooth, Serial Attached SCSI (SAS) and Serial ATA (SATA), and a wide range of programmable DSP cores and subsystems with different price/performance metrics serving multiple markets. In 2006, CEVA's IP was shipped in over 190 million devices.
For more information, visit
SOURCE CEVA, Inc.
Richard Kingston of CEVA, Inc., +1-408-514-2976, richard.kingston@ceva-dsp.com; orMike Sottak of Wired Island, Ltd., +1-408-876-4418, mike@wiredislandpr.com, for CEVA,Inc.
Copyright (C) 2007 PR Newswire. All rights reserved ********************************************************************** As of Thursday, 05-10-2007 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 02-14-2007 for CEVA @ $7.05. For more information on SmarTrend, contact your market data provider or go to SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright © 2004-2007 Comtex News Network, Inc. All rights reserved.
Good news for change
Why IDCC drop much more than market today? Any logical reasons more than seller more than buyer. Thanks
Invest in stock, the show would almost NEVER be over. Only time it is over is when company go Bankrupt or taken over. Company will go on forever does not matter either $1 or $200.
GM, Ford, MSFT, Qcom, etc.. still here after all those years.
It is investor himself who has to decide when it is about time to stop watching the show and retire. That is individual timing. It is difficult to leave after all those year enjoys watching the show.
I wonder how much IDCC was asking for? I am happy with 1%. I think 1% is fair.
I believe IDCC could buy back at certain percent of market volume plus some restrictions and between certain time (10:00 am - 3:30 pm).
I think they think about NEC in 10k too much. Buy when other fear.
I think Sammy will be over real soon before NEC ever become issue.
Amazing turn around. Thanks to the one who sold me 1000 @$33.00 this morning.
OT : Panic just set in to market. Most want to get out before market close.
I do not know much about their regular mutual fund since I invest in regular stock. I can not pick stock in mutual fund so I can not invest with them. However my investment in retirement with TIAA-CREF had been great (since I have on a few choice either TIAA-CREF or a few other companies). My retirement account is accumulate to $364,000 as of today. I only invest with them for about 15 years. Total investment is about $200,000 over the years both from my employer and myself. From this year, I contribute up to max of $20,000 plus from employer about $6,000 a year. That is not a bad return. I never have problem talking to them when I have to call them. The best is that they are NON PROFIT. I don't feel I got rip off by them.
I think it is a good move by IDCC to get into this space. As customer perspective I would like to buy any handset that could access data without paying monthly fees (or very small fees). Consumer won't mind pay higher (premium) price for handsets without paying monthly fees (or minimum monthly fees). IDCC would get more royalty from sale of handsets not monthly fees.