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.
It at least should be a heavy burden on their conscience and a spiteful act, after all the years of long-suffering the shareholders have gone through. That's all that I can put in words on the topic of going private.
I was glad to see HP coming out with their own WebOS operating system with the HP Touchpad and smartphones, now that Nokia has teamed with Microsoft. Analysts have at least given them credit for taking charge of their own destiny. Yet another company that might want to bolster their IP position in the industry.
Google Android: Microsoft's newest profit center
Here's a direct link
http://www.foxnews.com/scitech/2011/07/06/microsofts-hot-new-profit-center-is-google-android/
jmpaesq, it appears now the Android will be Microsoft's biggest money maker:
$15 per device! So who should be arguing over a buck or two. Carrying a big stick is apparently not a bad approach to inking deals...
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_U/threadview?m=tm&bn=13745&tid=111442&mid=111442&tof=4&frt=2
Here is some new news but it's no surprise:
FRANKFURT: Siemens lightbulb unit Osram is suing the Samsung and LG groups of companies for alleged infringement of patents on light emitting diodes (LED) technology, the German group said on Monday.
Samsungs and LG have the same potential to hamstring PANL (Universal Display Tech), as they both seem to be building out infrastructure for OLED/PHOLED while using the Korean Herald as the voicebox of apparent government-sanctioned patent invalidation efforts going on in japan/asia as it pertains to PANL.
It's nice to see these companies legal costs (cost of stealing) going up so they at least have to consider whether to wage a war on multiple fronts if they don't sign a license.
I should have reread the decision before posting this morning. I read it yesterday and one thing I do like is how they say they will leave it up to the district court "in the first instance", implying that if Judge Batt's doesn't get this right they will send it back again.
sorry dozer, I guess I sounded a bit negative too. I completely agree it's a win for IDCC.
It would have been nice if the opinion did not explicitly state the very minimum that judge Batt's could possibly get away with in trying to step up and again try to screw IDCC out of recoverable expenses.
That one statement almost throws the two valid arguments about presumption in favor of InterDigital, and the bond as being customarily the going price of a mistake (to paraphrase) right out the window, and hands judge Batt's the script for coming back and handing the shortest stick of recoverable expenses possible back to IDCC.
What kind of favorable presumption is that? It's obvious at every turn the judge has attempted to go against IDCC an suck up to Nokia.
Overall the opinion is a win, but that one statement sort of colors the opinion to arm judge Batt's to give the least possible recovery. To me that's less than a favorable presumption, but I am not a lawyer.
Is it a surprise to anyone that rather then creatign a short squeeze or positive affect on shareprice, that they woudl just take the entire market down so the shorts can be easily covered?
One one of the mentions by Bill Merritt that came out of this conference call that I don't recall reading much comment on is that they mentioned they had doubled their employees over a given timeframe and specifically mentioned at that time the increased size of their licensing team, including a numerous lawyers, and that those additional resources are paying off and resulting in more licensees.
I'm sure they have logic in the arrangement of thier hit list to maximize value.
The length of our list of licensees is to the point it is self-fulfilling. The same thing happened with QCOM, it just took us this long to get the momentum. I think the industry recognition about our portfolio strength in LTE provides the general perception that it is game over for those that think they can continue a free ride. It's now only a matter of when and for how much, in which case a hold-out by IDCC at this point can be a good thing.
Jim, Congratulations on your 50th Anniversery!!! I'm approaching my 5th this June and started marriage and my family late in life. I doubt I'll see my fiftieth, but if I do I'll be 93. I would probably fit right in celebrating at the Casino even if I'm toting an oxygen tank . Hope everyone had a great time.
I hope they found their calculator doesn't have enough zeros LOL Maybe some day...
I was amazed at the institutional ownership of 63%. That says alot about how far IDCC has come. For not being on the radar yet with wallstreet, they sure seem to be on the radar already if measuring by institutional ownership. It should lend more stability to the stockprice too.
I was a buyer today at 53.50, but not the buyer you're speaking of I wish
Thanks NJ! You hit your points well and I appreciate your reply.
NukeJohn,
I hope this is not off-topic, but I know you follow numerous companies involving patent litigation and I was wondering why IDCCs case at the ITC, with their more recent oral argument might reach a decision prior to say, TIVO, who had an earlier oral argument in their en banc hearing against DISH on Nov 9th.
Do the ITC cases typically move faster then a federal circuit en banc review regarding the length of time on decisions, or does the en banc involving 9 judges as is the case with TIVO add to the decision timeline.
I have been trying build up my investment in IDCC and happen to be investing in both companies, and with both hopefully nearing decisions.
I know some others on the board have provided some helpful statistical analysis that helped me to set realistic expectations, and I was wondering why you feel things could wrap up so quickly. I am open to responses from anyone who might contribute helpful information.
I have not been following along much lately, but still hold 262 shares in a retirement account. I picked up 100 shares this week knowing the case was being heard soon, but I didn't realize it was today. Most of those shares were picked up when I say the spike today and most were bought around 47.70. It would be a bargain if the decision goes to IDCC.
I guess having just a few extra shares makes me feel like part of the old gang again. Even with what I have, with a win it could still grow into something quite nice.
Good luck to all from frobinso
News - New licensee in China!!! Congrats everyone!
http://finance.yahoo.com/news/InterDigital-and-Capital-bw-635671456.html?x=0&.v=1
InterDigital and Capital Semiconductor Enter into 3G Technology Transfer Agreement
InterDigital to Deliver SlimChip Modem Core to CapiSemi
Press Release Source: InterDigital, Inc. On Tuesday May 18, 2010, 10:00 pm
BEIJING & KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Capital Semiconductor Limited (“CapiSemi”) of Beijing, China and InterDigital, Inc. (NASDAQ: IDCC - News) today jointly announced that CapiSemi and InterDigital Communications, LLC have entered into a strategic relationship for 3G technology transfer and a mutually beneficial licensing agreement, whereby InterDigital will deliver its SlimChip™ modem core for integration into CapiSemi’s chips for 3G mobile devices.
The SlimChip modem core features 3G modem technology with HSPA compliant with the UMTS 3GPP Release 6 standard. InterDigital® will also provide comprehensive engineering support for the efficient integration of the SlimChip modem core into CapiSemi’s products for the 3G cellular market. In exchange, CapiSemi and InterDigital have agreed upon a licensing agreement that the companies believe will support mutual success in the 3G market.
“As a well-known fundamental wireless technologies and solutions provider, InterDigital has established itself as a respectful and outstanding technology company in the world. We are very pleased that CapiSemi has been able to form a strategic technology relationship with such a competitive company which is leading the world in the development of wireless technologies,” said Shugang Li, President of CapiSemi. “CapiSemi will be closely working with InterDigital to develop our 3G and 4G Baseband chip products and wireless module solutions. CapiSemi will first use the proven 3G SlimChip Modem technology from InterDigital in our first generation of HSPA Baseband chip products. With this as the beginning of our successful technology cooperation, I believe that CapiSemi and InterDigital will be able to extend our success into the era of 4G and beyond, and to support the creation of handset industry value chain and to build up a solid technology foundation for the successful realization of the 'Mobile Silicon Valley' industry base vision that is set forth by the Beijing Government for the advancement of mobile industry in Beijing to benefit local life.”
“We’re pleased that CapiSemi has chosen our proven SlimChip modem core for their 3G chips,” said William J. Merritt, President and Chief Executive Officer of InterDigital. “Today, our modem core is already shipping in millions of 3G devices around the world. We have been very impressed by CapiSemi’s technical capabilities and ambition to become a leading 3G chip supplier. We are confident that our joint technology solution should enable CapiSemi to profit in the fast-growing 3G market in China and beyond.”
About Capital Semiconductor Limited
Capital Semiconductor Limited was founded in August 2009, as co-investment by TechFaith Group Technology Co. Ltd. (NASDAQ: CNTF - News) and Beijing YiZHuang International Investment Development Co. Ltd. The Company is headquartered in the Beijing Economic and Technology Development Area (YiZhuang), with registered capital of 1 billion RMB.
CapiSemi is mainly focused in the research and development of mobile communications chip technologies and wireless module products for 3G and 4G markets. CapiSemi offers highly differentiated total mobile terminal solutions to provide mobile value added services with rich multimedia contents to help facilitate the applications of advanced technologies for the advancement of mobile industry in Beijing and to generally benefit local life and give the world whole new experiences.
For more information, visit: www.capisemi.com.
About InterDigital®
InterDigital develops fundamental wireless technologies that are at the core of mobile devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience years ahead of market deployment. InterDigital has licenses and partnerships with many of the world’s leading wireless companies.
For more information, visit: www.interdigital.com.
InterDigital is a registered trademark and SlimChip is a trademark of InterDigital, Inc.
Congrats Mickey!
Mickey, latest Microsoft Project Pink rumor:
http://www.softsailor.com/news/23192-one-and-two-microsoft-pink-project-phones-spotted-on-verizon-database.html
10 a.m. pacific time and any rumors should be dispelled, because their media event begins.
OT: Berniewell, I jumped into the stock around 3.50-3.60 range just after the Idaho representative flopped his staunch no vote to yes on healthcare - it was a pure play on the corruption of politicions . I sold in the upper fives after a pullback and recovery. The stock seems to keep slowly creeping north, and many feel the actual approval of the funding round will take it at least to $10.
OT Berniewell, just curious since you invest in alt energy if you are holding, or considering USEC (ticker USU) now that it looks more promising they will be granted a loan guarantee. The positive announcements on loan guarantee likelihood(immediately after the health care vote)have taken the stock from the mid-to upper $3 range now into the low $6 range. Seems like there is potential $10 or higher.
Mickey & Dozer,
I've been hoping for IDCC to keep creeping upward. Actually, hoping for that Nokia settlement by Monday.
Hey - dropping on a read on MVIS, which pulled back a little this week. There are many links focusing on Apples latest concept patents that make it quite obvious that their next round of inovations will be using PicoProjectors to free computers from the desktop, and do many amazing things. I think they will be in nearly all smartphones someday...by about 2013-2015 if I were to swag it.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_M/threadview?m=tm&bn=27329&tid=305519&mid=305519&tof=1&rt=2&frt=2&off=1
Thish is on the yahoo MVIS board - not written by me:
The 4 Forces Propelling Microvision 9-Apr-10 08:19 am Besides the day-to-day drama of a new purchase order, or a “ tweet” found from an employee, success for Microvision is being driven by four unstoppable forces.
Force Number One: Market Size
The worldwide Smartphone market is huge, 400M units in 2009 and growing rapidly. For companies like RIM, Apple, Moto, and Nokia this is war. Consumers are gobbling these devices up and companies are desperate for innovation and new features to captivate the consumer . The sheer size of the total market is analogous to teh force of a strong current propelling the Microvision boat forward. Its vast and powerful.
Force Number 2; Other People’s Money
The Green Laser technology challenge has spooked investors . But keep this in mind, the GL suppliers know that the worldwide market for GLs will be measured in hundreds of millions of units a year . dThis is driving big R&D investment by Corning, OSRAM and others. And remarkably, without any burden on the Microvision war chest. This worldwide investment currently underway is large considering its primarily for Microvision . With millions being pumped into GL development , it’s just a matter of time when GLs will be cheap and plentiful . The recent $ 8.5M order will be brought up in Board room after Board room whenever GL R&D funding is being debated. The GL train is leaving the station and either you’re “all-in” or you’re not. How many of us were surprised to find OSRAM inside the Show WX? There is much more happening on the GL front that we can’t see. But rest assured, wherever there is high volume, there is investment . GLs are no niche tech- we are talking huge volumes being consumed in the near future. And everyone knows it . This investment by other peoples money is a strong wind in the sails of Microvision force propelling Microvision forward.
Force number 3 – Consumer Demand
Ultimately the consumer drives success. Apple’s success in capturing 24% of the worldwide market is a testament to the power of innovation. Remember the fascination you had seeing the first iPhone ? you turned it it to see the image flip? Well, a few years later, its already old hat. Consumers love new technology, we eat it like candy. Projection will be just like the embedded camera, a de facto feature that nearly every Smartphone will have. The numbers are staggering. If current Smartphone growth continues, we’ll see 500M units a/ year by 2013. And just 5% of that market will drive PPs thru the roof . But here is where it gets interesting. That 500M units / year market is controlled by a 4- 5 companies. If Microvision gets just one of those companies , it wont be 5% - it will be 10- 20% of 500M. And that’s before see-thru eyewear, military apps, home theater, medical, Vehicle HUDs etc. This 3rd force is insatiable consumer appetite for innovation. The Microvision boat is developing forward momentum across a vast ocean of opportunity, pushed by market sized , pulled by consumer demand and supported by massive investment in the GL supply chain.
Force Number 4 – Patent Strength
The sheer size of the market opportunity will draw out competitors and fro Microvision that’s a very good thing . Microvision will be the primary beneficiary of competition as other peoples money is burned up to educate the market and stoking the flames of demand . Yet, despite being surrounded by competitors, Microvision has reinforced its hull with its IP. Consider the IEEE report that ranks MVIS # 13 in the world on its patent strength, even above Apple. This serves as a “ force field” repelling potenail market infringement and works to assure protection for Microvision for years to come .
I can’t think of another company who is better positioned to acheive enormous near term growth and sustainable success.
Good analogy, but there's always someone eating grapes in the fruitstand aisle and getting rid of the evidence, ha!
Is ZTE not a current licensee? If not - sorry, I was confused
I have always hoped that IDCC does not enter into agreements agree to sign for instance x number of the top five licensed before y or z signs a license. If they do engage in this type of agreement, then a shift like this where a licensed player comes into the top five spot and an unlicensed player drops out, well perhaps it could be a trigger for a license...just making the most out of the possibility - a little wishful thinking.
Orientbull, Just asking that since the call option ratio was highly publicized on the newswire with a couple triggers in the past week, whether you think this level of volume now could just be folks following the money?
I tried Bulldozer, but it's all a crapshoot. My first post on this board to Mickey was on 3/23 when I bought more at 2.68.
In early April I began thinking this is the real deal product-wise, and I started accumulating through the month between 2.48 and $2.96,
I bought more yet today, but according to this below trading sight I should take some profit and try to buy back in cheaper because it left a gap to fill...I've got a little more powder, so if this analysis comes through I may consider loading up a little more instead of trying to time every dip according to the charts.
http://www.smallcapnetwork.com/Lots-of-Buying-Not-Much-Longevity-Looks-at-MVIS-FVSTA-and-ULU/s/article/view/p/mid/3/id/250/
I still worry about a slow ramp-up, and the company's products being constrained by the supply of green lasers.
And just one more link
this is for the potential use of the Pico Projector in a gaming gun, with no delay.
http://micro-projector.com/2010/01/microvision-to-develop-micro-projector-based-shooter-video-game/
Thanks I'm glad you agree. Also if you look at the end of this Microsoft Blog post, there is a mention of Microvision's intellectual property where I believe they rank number 20 on the IEEE list. So the company could also be an IP play, some going so far as to say they are the next Intel. It's nice to see some respectful comments coming from a Microsoft Blog.
http://www.techflash.com/seattle/2010/03/microsoft_ranks_no_1_in_patents.html
Also, this is an interesting patent application of Apple's, so this disruptive product could soon go viral now that the U.S. product launch is weeks old and the U.K launch is in process putting in the hands of customers - the buzz is just beginning.
http://www.patentlyapple.com/patently-apple/2010/03/apple-files-a-mysterious-projector-patent.html
I have also seen photo's of them working I believe with Intel on a gaming gun.
Mickey,
No more than two weeks after announcing completion of their embedded module design, MVIS announced this morning they have their first 8.5 Million dollar purchase order from an unnamed OEM for their embedded design, and delivering in later 2010 - earlier than expected.
Embedded design completion
http://finance.yahoo.com/news/Microvision-Completes-Design-bw-3543654902.html?x=0&.v=1
First Purchase order announcement pre-market:
http://finance.yahoo.com/news/Microvision-Receives-85-bw-2670010777.html?x=0&.v=1
I haven't gone through this report yet, but I'm happy to see the stock up 17 percent today on much heavier volume.
http://www.investorsdailyedge.com/21Century/TheNextBigThing.pdf
Their vehicle display, and wearable products, along with their work with the military on field and training applications remind me of what I earlier thought that I would see PANL (Universal Dislay) technology deliver.
There is a high risk level because they are cash-strapped, so possible dilution prior to reaching profitability is quite possible. So your due diligence is in order as always.
Sorry if I'm spamming. I am long IDCC, but have been actively investing and some trading in other stocks, and just looking for opportunities for diversifying.
To me, this is an applicable telecom stock for discussion on your board, but I'll glady quit mentioning it if you like.
Mickey,
I wanted to share this link because I think this device will be the next must-have extension on every cellphone that has a camera and a must-have for every smartphone because business users give presentations. As such, I think it would be ok to post this just once on your board, since I think it's ok here to toss around other promising stocks in the telecom space.
The guy that wrote about the potential of this stock, actually reminds me of you I'm not putting you down - it's a compliment. But I'll forwarn you it has a "screaming buy" bias to it...
http://www.mirro7.blogspot.com/
The company is microvision, MVIS. They ran well behind getting a product off the ground, but they have a product launch on what I believe may be the PicoProjector design with the best potential, due to the fact that there are no heat problems, and no focusing required. There is competition, but in my research so far this product design seems superior.
I think a constraining factor on the product ramp up currently is the supply of Green Lasers used in the product, where their suppliers are Corning and they are also working with Osram as a second supplier source for green lasers.
They won best of show at the recent 2010 Mac Expo
Two days ago they anounced they have completion on their embedded design and have sent evaluation kits to a number of Vendors. In that announcement they cust the power consumption by 1/3, and meet both the size and power requirements that were given to them in order to be embedded in cellphones, etc.
I just read minutes ago that MicroVision is rumored to already be working with Pegatron.
MicroVision I believe is also working with Intel on a gaming gun, but that could be rumor too.
I also hear they are already working with Motorola and Vodaphone, which I believe is no rumor.
You will see in reading the link the products and potential customers they have, that extend well beyond cellphones and laptops.
I was swayed by the obviously positively biased write-up that is sort of calling MVIS a screaming buy for the long-run. I was curious if anyone has checked it out, or might share some enthusiasm, or not...
Mickey,
Maybe too late for this play, but when the Senator Kucinich recently switched form a no to a yes vote on health care, I bought into USEC, ticker USU. They had recently announced a new centrifuge technology went live in a production environment running 100 centrifuges for processing uranium. This was to satisfy the requirements of a multi-billion dollar Loan Guarantee that was earlier denied.
Tonight after close the DOE announced a 90 million dolloar cost-splitting arrangement to develop the technology as they resubmit their Loan App for re-approval which they have one shot at, with the DOE purchasing the spent uranium.
My play was simply on the tendency of politicians to do what they do - make back door deals USU was up about 8 percent in after-hours. Also touted in the announcement was the retention of 355 highly skilled workers in 3 states, and it's my feeling that when the focus turns to jobs, you will see the jobs touted in the form of alternative energy investments as a push sadly ensues for cap and trade.
dmiller, thanks for the follow-up. Yes, it turned out well thankfully, and also nudged me to upgrade to Scottrade Elite where I am now enjoying level II and some other tools to see more of what's going on behind the scenes.
I am finally finishing off a couple of trading books recommended to me and purchhased awhile back by Dndodd, and I also have a candlestick charting book hopefully arriving today.
Nothing like a little dose of embarrassment to coax me into learning from my ignorance. It's all for nothing if I don't learn from my mistakes.
Any recommended reading would be appreciated. The two books I'm finishing up are and oldie Riding the Bear by Sy Harding and a beginner's guide to day trading online 2nd ed. by Toni Turner.
Hopefully arriving today is Japanese Candlestick Charting Techniques, 2nd edition by Steve Nison.
I may burn out by the end of that one, but I do need a couple new recommendations for future reading.
Good one, Nessco! I guess if I dish it out now and then I better be able to take it too.
Good one, Ness! I guess if I dish it out now and then I better be able to take it too.
thanks again, Dmiller...it was on Scottrade where I made the trade.
I posted a question to you, but was I guess going between boards. I wanted to ask if there is anyplace where I have visibility to the current trade level in afterhours without having level 2? Thanks for your compassion, it's a little embarrasing, and it will be around an extra $180 bucks before I see any green on that trade
dmiller, may i ask if there is a place where i have visibility to the current bid/ask of the after-hours trading in progress without having level 2? Of course, I'm a little embarassed at my screw-up, and it cost me a couple hundred bucks before I'll any green turf on that one...
I have only recently traded afterhours and normally go in with a much lower limit under the ask, but in the excitement I place a trade at the ask.