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the reality is nothing has changed...we had as good of reason to be up $3 yesterday as down $3 today....it's is all speculation and market manipulation, for the day traders a big $$$ maker....the reality is we do not KNOW anything that has transpired or changed since the company's announcement back in July....FWIW, the simplicity of it is (IMO), IDCC has a VERY hot asset with at this point, an unknown "street" value (guess all you want a company is worth what someone will pay for it). To have a hihgly respected & prized "product" in one of the few growing sectors is an enviable spot-----did you know there are now more mobile devices (325M) than people (315m) in the US....its all about patience, our idle speculation isnt changing a thing
what was the PPS of the NOrtel deal?
why should they, what do they gain from it? They don't need to, nor should they throw out anything, no matter what they say it will be misinterpreted by the masses...nothing good would come of it and in NO WAY does it help their cause...they certainly are not interested in helping the day traders or the shorts, and they know the long time shareholders and supporters are likely all in so why rock the boat....those that think they need to be "updated" are the shorts, hedgies, daytraders....IMO
what PPS did the consortium pay for the Nortel patents? If you said zero you are correct, they paid $4.5B...In my opinion you should quit thinking share price, it is the value of the portfolio you should try to get to the bottom of at this point. The market truthfully has no way of being able to value this possible sale, only the interested parties know what they are bidding...its not based on historic earnings or forward earnings its about how any potential bidder(s) understands that they can monetize their investment.....you are caught up in current share price when the potential suitors are much more concerned with WHAT THEY CAN EXTRACT from the worldwide market with this porfolio....no question about it, IDCC has failed to parlay much of the great arsenal of inventions in big $$$, I think the new owners will be much better equipped to get paid for what is here...I stick by that if the Nortel patents and no cash and no people (thats huge IMO)was worth 4.5, IDCC has got to be worth 25% more...I will stick with 6B minimum
what are we working on here, nearly 90 days since the announcement that IDCC was exploring some strategic alternatives? I am going to "guess' that it then took Evercore roughly 2-3 weeks to figure out their plan and various contingencies...Any potential suitor is going to be doing an extraordinary amount of due diligence,this would be not be a typical buyout of past, current, or forward earnings....due to the nature of any patent heavy acqusition its not a free for all to look "under the skirt"....there undoubtedly were qualifying bids, there likley was then more info revealed as this has gone on, not the least of which is updated patent applications and updated litigation...my point is that anyone that thought this would "be done" in 90 days I think was fooling themselves, not a traditional buyout. It IS (not MIGHT be)a much more intense and indepth amount of due diligence, it takes time especially if you are considering MANY options not just a buyout...bottom line there is no reason and "auction" cannot still be going on..if I am the BOD I am giving tehm a timeframe but they are there to maximixe the vlaue, if it takes a a few extra weeks, who cares...
sloane, not sure I understand that? FORCED? and then you say WANTED...who forced you? Its like saying you were FORCED across 6 lanes of traffic because you WANTED to be in the right lane...I just wondered if I missed part of this....maybe a will see it as I open these up backwards
It may be worth pointing out that they might have until today to decide (I think that is how it was termed) but that doesn't necessarily mean you or I will see an announcement today....They may have ALREADY decided their method of payment and IDCC may have accepted with further negotiations of alternate items or business to tag along with it...I think SAMMY has to chose and notify IDCC by today but, there could be a whole lot of other ancillary discussions and agreement they mesh together ....I think they already announced back in that late Nov release that it was a significant fiancial evet whihc I believe is what they are required to do....Are any specifics of the deal and payment nubmers really required by law?
It may be worth pointing out that they might have until January 9th to decide but that doesn't necessarily mean you or I will see an announcement on that day....They may have ALREADY decided their method of payment and IDCC may have accepted with further negotiations of alternate items or business to tag along with it...I think SAMMY has to chose and notify IDCC by then but, there could be a whole lot of other ancillary discussions and agreement they mesh together....Its all good quit worrying!!!!!!!!!!
how about this maybe...from teecee on AB
1000+ 25's 500+ 30's....i guess he got cold feet in front of the announcement....thats a good sign!!!
Danny/Clamcakes ....Glad to see both of you here....hope you are both doing well. I think we will all finally have something very positive to celebrate soon (IDCC)...D.D are you spending the winter in the warm weather of FL? Take care all you longtimers....
spree, three reasons as far as I am concerned...the stock went up 20% (somewhere in that neighborhood) the day before as once the filing was in everybody knew what was coming. Secondly there were a lot of shares bought Monday that were sold yesterday for that very handsome profit. LAstly, IDCC investors, burned so many times by trying to connect dots is having a hard time connecting two dots that are one inch (or 43 days) apart...thats the part that is downright funny to me.......I am loaded to the hilt and completely comforatble with where we will be pricewise in 90 days
dmiller I am not saying you aren't right I am just saying as a hopefully decent human being, you let people enjoy and dream a little over something that has been a huge heartache for years...Don't be the 5 year old big brother that can't stand to see his 3 year old brother happy on XMAS morning so he tells him, as he is opening his dream toy, "there is no Santa Claus...hahaha."...I won't waste anymore valuable boardspace on this topic...
dmiller...leave it to you to try and put a damper on everyones enthusiam (even if it is a little over the top). Maybe for once you can let people enjoy a little positive here...There are a lot of people that have been in this stock for going on decades, maybe out of respect for them you can let us have some fun and dreams for a day...
Before everyone comes unglued its not about TODAYS share price...were you selling today based on the results? Then don't worrry about it...
Count, I have to jump in and agree with you. I would also like to add that countless posters here ask ronnie for his OPINION of what earnings will be and he goes through a fair amount of information and comes up with a number. Then people tear him apart. There are several GREAT legal guys here, several great tech guys here, several great accountants here, several great well informed, common sense guys, yet the ones that stink up the board most are ones that seem to have no expertise at all. The only thing they seem to be good at is stirring the pot and denegrating nearly everything that is said. I think half of them probably jump from board to board under different alias', from their moms basements, to just stir things up. I for one, thank ALL of the legitimate investors and level headed people here...Jimlur, I think the "idiots or genius" answer is less than 3 weeks away...Its been a lot of years of battling all this mess (and I mean keeping things under control on these boards, not just the IDCC legal struggles). Thanks to all. IDCC could be a shining light in a very tough market. There is money on the sidleine that is ready to get in if they can find an ideal spot...........In my opinion this is a good place to put a little..good luck today all investors...........BTW I have none of the expertise of the above but I'm a heck of lurker......11 years of waiting
Good MOrning all...Tough day for all of us longtermers yesterday . I didn't sell a share so will be looking for some positives out of the trial and subsequent share price rebound. I think several here were looking for some positive support from mschere and I scanned back 150 posts and didn't see a thing....figured he would be here, good or bad...Jim, glad you decided to return as moderator
00...I think the overall speculation was that IDCC probably had to isue the 8K being they are in the middle of a buback. I don't think they can have any "Insider advantage" inj buying shares if this news is pending
thanks to you both....eom
OT: just a curious question for some of you gurus here...is it possible to "short" gold? Our day of reckoning is coming with IDCC, 9 years in, I am ready
nessco, I know for a fact that there are several people on this forum in your same position. I got in about the same time and my plan at that time was a 6 year hold....Don't need to study the calendar to know I am way past that, however I have accepted that the litigation end of this takes longer than I originally anticipated....has to be an endpoint, everyones endpoint is different
Data Rox...can you provide us with some quick thoughts oon this product? Market timing, demand, your "feel". Thanks
interesting topic about insiders buying shares on theopen market....I wonder if the reason they don't might simply be diversification. I know that my wife gets plenty of shares as compensation in her job and the last thing she will ever do is overload her investment portfolo with more shares of the same company. I KNOW from her end, she would make more personal investment in the company if they weren't compensating her with this many...but as it stands its wiser to be diversifying her investments
OT: thanks jim, I will send him a note...
OT: For longtimers....When was the last anyone heard from Malko? Last I knew it sounded like he may have been quite ill? Anyone? as he always said "Tight Lines"
Jim, Wouldn't that be a nice XMAS gift, as for today I will take this nearly million shares in the first hour and up 14%
yuck/ouch...leave for ten days and you guys don't keep the share price up....boy getting frustrating...thought we would never see twenties again, let alone this....Its been a long 8 years....oh well, as Jim said way back, we will be geniuses or idiots. Wish I could have been a genius and sold at $30...I would be a happy buyer today..
Teecee from AB's take on what he heard yesterday...SOrry if a repeat, I looked quickly and didn't see it posted...
http://www.atomicbobs.com/index.php?mode=read&id=234180
looked at my real time td ameritrade ticker at that exact time of post (4:15). Go back and check the time/ticker and it was eaxctly that at the time....get over yourself, my point is market is down, so are IDCC's peers
you enjoy it don't you? QCOM ends up down 12 plus %, I can live with -4%...the market is ugly, but money can still be made, shorts included.....
thanks Revlis
help on press release....I haven't been able to find the OFFICIAL info on the RIMM agreement from yesterday, can someone repost...this wasn't just a jag or cramer rumor was it? thanks
was there really a trade at 25.50 today...some poor fella must have hit the wrong key
AMEN!!!!!!!!!!!! EOM
OT:::that is way too funny...shared that one with a hundred people in my address book..n
OT: gman, thanks for the invite, I may indeed find my way there....I am in Charlotte...love me some good chili
Maybe its time, to give it a rest.......look, the terms of the agreement are IMPOSSIBLE at this point in time to decipher factually. There has been at least 20 different possiblities of what is what, in regards to apple, the 8-k, another possible license, the press release and so forth. The ONLY fact here is that we signed some type of agreement with apple for some $$$$...When even Tom Carpenter says details are sparse and that he basically acknowledges that we don't know all the facts, maybe we just move on until we KNOW more. I know this forum is to have discussions on our investment but there gets to be a point where there is very little more than can be said on this topic than "all we can do is speculate until the details are published by Apple or IDCC"...Is there anything else we can discuss now that we have guessed our way to this point which is exactly where we were 5 minutes after the news....
wireless carriers sued for patent infringement
http://www.cnbc.com/id/20733286/for/cnbc/
Chill....Come on everybody just relax a little...Look back, who is not excited about some type of official licensing with AAPL and maybe someone else. APPL alone is super substantial from the credibility and name recognition standpoint...There are obviously question marks regarding the news and I too would like to see clarification. That said, it shouldn't surprise anyone that some people are taking some profits off the table today...Heck we dipped into the upper 19's not long ago...Some of my other trading $$$ are marked with 10% gain and then I am out. I don't do that with IDCC but with other stocks that I simply trade, if I see a runup and make 10% in a day, I watch to see what it does at the next open and then I am usually out...We are fine, don't stress about a little backtrack, IDCC made progress with the APPL licnese, end of story...all just my opinion
Revlis.....not wanting to be pessimistic at all but I too am a little concerned that will be the very reason things head back a bit. A nice 25% profit is going to be appealing to some that bought last week....I do however like how we are acting at the moment