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I think new apple number reporting has given us a bit of boost too.
I wonder if Barclays put an estimated value on the deal?
The way I remember it last time, Karl Icahn spouted off of about Google buying MOT and that and the sale started the slide back. That signaled to the market we had missed out. (I didn't want to believe it at the time either)
Once we broke the trend-lines, traders traded it. His name is Claytrader not Claybuyandholder.
This is the 3rd time we've been here. Last time I didn't want to believe Karl Icahn had beaten us with the sale of MOT to google. Our opportunity was gone and the stock price quickly told that story.
I'm not saying I wouldn't buy back shares at a lower price, but I'm just not willing to watch it slide back again.
(btw, I don't factor in IoT into any of my thinking. That remains to be seen.)
I certainly didn't hang on to this 20+ years for $70 a share.
Thanks OD, That's good news. We should have time to clarify some of the other issues before then if Samsung decides not to renew.
Samsung 23%
When does Samsung roll off being recognized?
In February 2016, the judge in the New York Proceeding agreed to the stay, subject to the requirement that Huawei post suitable security. Such security is required to be posted by April 27, 2016.
Why order the posting of money after the appeal was decided? Shouldn't it already be in possession of the courts to have any teeth?
Is more BS coming from Huwei?
Funny stuff. Read the article then watch the video.
http://finance.yahoo.com/news/mark-cuban-says-walmart-nightmare-185300696.html
Jeffree, I read news like that and i think just more stuff for people to steal.
Orientbull, I used to think that way but since the stacking of the deck against the NPE's it's as easy as crying troll and everyone in the press will lead with that.
I had the same kind of thought, but no need to hire her just sell her IDCC stock. She'll come around quick.
The volume is up for sure. Great sign.
In other words, the ALJ is constrained by the Remand Order and cannot adopt the Commission's constructions in Inv. Nos. 337-TA-800 and 337-TA-868. As such, any resolution on the conflicting findings, which essentially turns on the correct claim construction, is outside the scope of the ALJ's authority in this investigation."
Olddog, but isn't this also about the CAFC who sent back orders to "refigure claims" in 613 that were "ignored or misapplied" in the more recent cases.
Yet I do know the recent cases with the different claims construction survived appeal at the CAFC since then? (I think)
So now that 613 is claims construction finally done, shouldn't that carry back to the more recent cases and not the other way around?
Okay, something's up, no?
Not a chart expert, but I think they are trying to push into a technical breakout above 58ish. 48 was/is resistance and support, but 58 seems like the last stop on the way to 70. We might need a bit of news though.
https://finance.yahoo.com/echarts?s=IDCC+Interactive#{"range":"5y"}
I never really get the reasons to dilute when things are looking good in future. Why not just take a loan and let the share price on the existing share go up? So in this case they look for 160 million and come back with 250 million, which represents even more dilution. If we get first day dumpers it could be bad short term.
I'm with you, though, up over time should be the path.
What do you expect tomorrow? Will we get dumpers and buyers at the open? Or will it be more flat, since the stock has been out there already?
Visa Said in Talks to Buy Visa Europe for Up to $20 Billion
http://www.bloomberg.com/news/articles/2015-05-08/visa-said-in-talks-to-buy-visa-europe-for-as-much-as-20-billion
Blane, what does an IPO on the nasdaq mean to the small bunch of OTC shares already here in the US trading? What will happen to those? Will they convert over?
I believe if MSFT is going to stay in the phone business, they need to step up their program. Nokia was the first to explore the Iot and IDCC is knee deep in research and invention in this area. MSFT can step up with the patent arsenal necessary to cross-license eliminating the royalty burden as a new entrant. It is a good fit,
I'm sorry I don't this. but are all the infringed findings in either case 3G? Or do we have an LTE patent proven infringed?
I am surprised at the SP, but I think with institutional holding so high, IDCC might no longer be a story stock. There wasn’t a dime added to the bottom line today. Apple’s earnings may be more important tonight than today’s ruling.
Or..... until the market sees a ban is really coming, they will have zero faith in the system protecting patent holders.
Thanks, jjff,
So the jury has to disagree with the judge in order to find for ZTE? Is that what it happening?
Rather than leave it to the parties to decide how royalties would be calculated, the IEEE endorses a calculation based on the value of the chip inside the device,
Insanity. Then that chip should be valued at a whole lot more. The chip price is set by the buyer and seller using a materials and labor calculation at it’s basic form, but did they figure in the IP they would later owe and build that cost in? Of course not.
This move by the IEEE is the shadiest thing. Why didn’t they just kick interdigital and qualcomm out?
Like i said before, the inventor side has never been able to change the language or top end sound-bite to his benefit. “Stifling innovation” and “patent troll” is still highly effective.
Anyone remember “hands up, don’t shoot”? Now there’s a sound bite that changed a lot of people’s view points in a hurry, whether it was true or not.
However, whenever any type of financing is agreed to in principle, the buyers will short stock in the open market to cap the price of the financing (in this case, the conversion price). It's just the way it works.
Sounds like trading on inside information, yes? No?
Or are you saying they put on shorts today, after the news?
Hock, I'm not sure it's always corruption, but there are people in government that believe (like a religion) they are tasked to pick the winners and losers.
It's why I think everyone on the board holding this stock has been forced to lower all their expectations of where it will end up.
The guidance is great for Q1, but i think the share price now reflects that the Q1 number won’t hold over to Q2. In other words, IDCC shareholders were allowed to bask in the glory of the iPhone 6 numbers for about an hour and half.
What is the thinking on earnings? It looks like the average estimate off yahoo is 85.9 million which is over the high side of the company's guidance.
WILMINGTON, Del., Nov. 13, 2014 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq:IDCC), a mobile technology research and development company, today announced that it expects its total fourth quarter 2014 revenue to be between $82 million and $85 million.
"We are very pleased to announce that we expect to record total revenue in the range of $82 million to $85 million in fourth quarter 2014," noted Richard J. Brezski, Chief Financial Officer. "This range includes recurring revenue of $81 million to $84 million and is driven by our licensees' strong sales of mobile devices utilizing our advanced technologies. Our fourth quarter revenue guidance does not include any contribution from the arbitration award we received earlier this year related to our agreement with Arima. We will recognize any revenue related to the Arima arbitration award when all criteria for revenue recognition have been met."
74.5 million iPhones sold vs an estimate of 66 million.
The debt free part of my comment was a bit of sarcasm. I'm glad you followed up with the story to clarify to new readers. Anyone looking to get in now at a bottom would need to look a the history of dilution since they may be prone to more of it.
On VISA, cnbc tried to corner them once on why they dropped them, but didn't get past a standard "no comment".
It's now a race between bad a buyout number and more dilution...but remember they are 100 percent debt free!
And they are still saying profitable by 2016? Is there a CC scheduled to explain how in the face of falling numbers?
I think the rise might be due to 3rd quarter Pegatron/iPhone 6 sales gets reported in IDCC's 4th. Even though that question was asked after the rise began, maybe someone there had begun earlier in the day to figure out IDCC's guidance is low through earlier discussions on the same topic.
My3s, so NOK wants to use another case that isn’t as far along as 613 to negate findings in a case that has already arrived at the CAFC's conclusions?
I have not followed close enough lately, but has the ITC even used “anything” the CAFC did?
I think the chart shows a lot less resistance to the upside and also little resistance on the downside. We'll need an okay market to get way up and news to totally hold the gains if we do. IMO.
Win just mentioned at CNBC.
Okay what about this... JP Morgan settles on a price around current market price to IBM, but it still needs to cover its shorts, so they announce they are looking for a buyer for the shares and cover their own shorts way below the price to IBM.
Why announce if you are looking to sell? Was Visa looking to get less on it's shares?
The company has hired JPMorgan Chase to evaluate its options, Visa said.
http://dealbook.nytimes.com/2014/09/18/visa-to-evaluate-stake-in-monitise-a-british-mobile-payment-processor/?partner=yahoofinance
JP Morgan Asset Management, Jericho Capital and hedge fund Coatue have all taken significant short positions.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10955019/monitise-downgrades-revenue.html
It looks like Monitise has "some" science in there, but i guess the shareholders are asking with the flat share price "how will Monitise be paid on the deal, if ever?"
Did they just develop the patent with the hope of enforcing it later?
There's a lot of good trying to connect the dot stuff in the last earnings call.....
And then a big highlight on the technology that I mentioned earlier. In North America particularly with the big and medium sized banks, they like to have the technology behind that firewall. They buy into cloud model as I said earlier that’s why Visa was born. Visa is the world’s first ever cloud company but they won’t -- some of the infrastructure behind that firewall, so what we have done is built this hybrid platform where the bank can have the best of both worlds.
http://seekingalpha.com/article/2033331-monitise-plc-ceo-discusses-q4-2013-results-earnings-call-transcript
Pulled from yahoo.
dmcas • 4 hours ago
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btig
Update on Monitise From BTIG
SEP 4, 2014 | 1:40 PM EDT
Stock quotes in this article: MONI.L, MONIF
Here is the latest from the firm.
Below is a potentially important update on Monitise (MONI.L/MONIF) from BTIG (just out and published with the firm's permission):
Monitise: Patent That MONIF Received in 2011 Fits Description of Visa's New Token Service at Core of Reported Partnership with Apple on Mobile Payments
Much has been made in recent days about news reports that BTIG Buy-rated Apple (AAPL) has established a partnership with Visa (V – Not Rated), MasterCard (MC – Not Rated), and American Express (AXP – Not Rated) aimed at creating a platform through which iPhone users could make mobile payments at retail stores. These reports also indicated that the iPhone 6 that is expected to be launched on September 9 will include a near field communication (NFC) chip that would facilitate mobile payments, and that AAPL is likely to announce the new feature on that day.
We believe September 9 could also be a big day for Buy-rated Monitise (AIM: MONI; OTC: MONIF), as we think it's quite possible that its mobile payments technology may be helping to support the platform that would be created by the AAPL-V-MC-AXP tie-up.
We believe one of the keys to making such a partnership work from a logistical standpoint is Visa's new token technology. The service replaces the 16-digit number on plastic credit cards with a randomly generated numeric substitute so that the customer's digits remain within the walls of the card company's servers. Retailers only receive the numeric substitute such that transactions can be facilitated without sensitive information being shared.
At a time when consumers have been chilled by reports of data breaches at retailers like Target and Home Depot, technology focused on securing transactions could be the difference between mobile payments gaining rapid adoption and a less welcoming reception. And it's not a given that NFC-driven mobile payment platforms will gain traction, as even Google Wallet has struggled to gain widespread acceptance, so addressing security concerns is even more critical to the success of a new platform.
While MONIF has not been directly named as a contributor to the development of the AAPL-V-MC-AXP platform, it has a partnership with both Visa and Visa Europe, which own 5.52% and 5.95% of the company, to develop mobile payments technology. And Visa's DNA has rapidly spread throughout MONIF this year, as former Visa senior executive Elizabeth Buse, became the company's co-CEO in June and Mike Dreyer, former head of Global Technology at Visa, last week became MONIF's President, Americas.
That close relationship between MONIF and Visa, which NFC was first forged in 2009, is one of the reasons why we suspect that MONIF may have played a part in the development of Visa's token technology and may play an even larger role going forward. We note that NFC World reported in September 2011 that MONIF had received a patent that allowed "virtual card details to be generated on a mobile phone."
"The virtual card acts like a prepaid digital voucher and can be created for a fixed amount or for a specified period of validity," NFC World reported. "Consumers can then make purchases in stores or on the internet without having to divulge data from their credit or debit cards such as personal account numbers, card expiry dates and security codes."
We believe this description is a pretty close match to descriptions of Visa's new token technology. While MONIF told us in an e-mail that it could not share details of its interactions with a specific customer without that customer's approval, it also wrote that "you are right we do have a patent that relates to a particular way to transmit data representing card details without disclosing personal information."
Even if MONIF's patented technology did not contribute to the development of Visa's tokens, we believe AAPL's reported plunge into mobile payments using NFC technology underlines the global growth opportunity that MONIF faces as mobile payments proliferate. According to Frost & Sullivan, global mobile transactions are expected to grow to $1tn by 2017. And according to Visa Europe, 50% of Visa transactions in Europe will be on a mobile device by 2020.
We would also note that AAPL and IBM (IBM – Not Rated), with whom MONIF announced a game-changing tie-up last week, on July 15 announced a deal in which they would collaborate to develop enterprise applications. So while MONIF and AAPL may not yet have a direct link, their indirect ties have, in our view, become significant.
Position: Long MONI.L and MONIF
What's your thought, Olddog?
Reading that i got a glimpse of Lucy putting the football down as Charlie Brown is closing in with an ernest, yet dim look on his face.