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I agree with you Alley only one difference this time.....I wont make that downgap mistake twice.........MHO
OT:Ken: how very true I forgot that one...LOL...eom
OT: the most mind boggling stock today, has got to be TASER (TASR) International. A 32 million dollar a year company, " Im very familiar with on my job", but it boggles my mind how it can be up $40 a share from $85 to $123 just 10 days ago. Volume average is approx 300,000 shares. It just proves that no matter what potential or fundamentals a company has going on , if it finds itself in the "me too" club, its going to run big-time no matter how ridiculous. We need IDCC to once again fall into the "me too" radar of investors. Just like when in 1999 we closed at $50.
JMHO
Well good earnings news for Tech....Intel announced record 4th Q earnings after the bell.....Even though INTC is getting hammered after hours which is not surprising.(always amazes me how many sell on good news as they say) It is great news however if tech is going to stay hot....we need the big boys on the upside of this 3 year disaster...Tech will fly again we hope....MHO
Intel Fourth-Quarter Revenue of $8.74 Billion at Record Level; Fourth-Quarter Earnings Per Share $0.33; EPS Includes $0.09 Goodwill Impairment Charge and $0.09 Tax Benefit on Divestitures
SANTA CLARA, Calif., Jan 14, 2004 (BUSINESS WIRE) -- Intel Corporation today
announced fourth-quarter revenue of $8.74 billion, up 12 percent sequentially
and up 22 percent year-over-year. Fourth-quarter revenue was slightly higher
than the previous record of $8.73 billion set in the third quarter of 2000.
Fourth-quarter net income was $2.2 billion, up 31 percent sequentially and up
107 percent year-over-year. Earnings per share were $0.33, up 32 percent
sequentially and up 106 percent from $0.16 in the fourth quarter of 2002.
"We ended the year on a high note as ongoing strength in emerging markets
coupled with improving demand in established markets drove revenue to record
levels," said Craig R. Barrett, Intel chief executive officer. "Intel's
substantial investments in capital and R&D over the past few years allowed us to
ship record microprocessor units in 2003 and introduce exciting new products
such as Intel(R) Centrino(TM) mobile technology.
"In 2004, our focus will be to drive double-digit growth through technology
leadership and global market expansion, and by pursuing adjacent opportunities
in communications and the digital home, while using our 90-nanometer and
300-millimeter factories to reduce costs and improve profitability."
The fourth quarter 2003 results included the impact of a $611-million goodwill
write-down related to the Wireless Communications and Computing Group (WCCG). At
the time of the fourth-quarter Business Update, the company also anticipated a
tax benefit of approximately $200 million related to a divestiture. Due to an
additional divestiture that closed during the quarter, the tax benefit increased
by $420 million, or approximately $0.06 more than anticipated. Intel's
third-quarter results included a tax benefit of $125 million related to a
divestiture, and last year's fourth-quarter results included a tax benefit of
approximately $75 million related to divestitures.
Full-Year Results
Revenue for 2003 was $30.1 billion, up 13 percent from $26.8 billion in 2002.
Net income was $5.6 billion, up 81 percent from $3.1 billion in 2002. Earnings
per share were $0.85, up 85 percent from $0.46 in 2002.
For the year, the company paid cash dividends of $524 million, or $0.08 per
share, and used $4.0 billion in cash to repurchase approximately 176 million
shares of common stock.
BUSINESS OUTLOOK
The following statements are based on current expectations. These statements are
forward-looking, and actual results may differ materially. These statements do
not include the potential impact of any mergers, acquisitions, divestitures or
other business combinations that may be completed after Jan. 13, 2004.
-- Revenue in the first quarter is expected to be between $7.9
billion and $8.5 billion.
yeah ...lol...it will now have to be the other end of the spectrum.....like "heavy volume lifts IDCC back to life".....hence they keep the rats running back and forth on the deck of the ship............unbelievable
anyone who considers fly on the wall a true news service is nuts................thats about the biggest joke I've ever seen and there is som real winners out there
IDCC response to Forbes
http://media.corporate-ir.net/media_files/nsd/idcc/news/open_letter04.pdf
sloane6 I added the press release to the last post...eom
12/16/2002 1:49:00 PM - InterDigital Licenses Hop-On Under Global, Multiple-Standard Royalty-Bearing Agreement
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Dec. 16, 2002--InterDigital Communications Corporation (Nasdaq:IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that its subsidiary, InterDigital Technology Corporation (ITC), and a subsidiary of Hop-On (OTC:HPON), a developer of disposable and fully recyclable cell phones, have entered into a royalty-bearing license agreement covering Hop-On's manufacture and sale of wireless communications products compliant with TDMA 2G and multiple 3G standards.
Under the agreement, ITC has granted Hop-On a worldwide, non-exclusive license under InterDigital's patents to develop, manufacture and sell wireless devices built to Second Generation (2G and 2.5G) TDMA standards, including IS-54/136, GSM, GPRS, EDGE and others; and all Third Generation (3G) standards, including FDD and TDD for WCDMA, TD-SCDMA, and CDMA2000.
Under the terms of the agreement, ITC will receive a royalty on each licensed product sold by Hop-On.
"This agreement reflects our ongoing success in licensing manufacturers worldwide that are producing to the primary 2G and 3G wireless standards," stated William J. Merritt, President of ITC. "It further validates InterDigital's position as a recognized developer and contributor of essential technology while also demonstrating the positive impact of our recent acquisition of exclusive patent licensing rights from Tantivy Communications, particularly as it relates to CDMA2000."
Peter Michaels, Chairman and CEO of Hop-On, commented, "This agreement significantly expands our access to critical intellectual property and will enable us to move forward in our production of additional low-priced handset models. Our first priority will be to address the needs of the international markets where GSM is the dominant protocol."
About Hop-On
Hop-On (OTC:HPON) is the developer and marketer of the world's first disposable, fully recyclable and contract free cell phone. Hop-On's phones provide an alternative to full service cellular contracts and prepaid calling cards, are fully recyclable and will offer a rechargeable battery and the capability to add on additional minutes. For more information, visit www.hop-on.com.
About InterDigital
InterDigital architects, designs and provides advanced wireless technologies and products that drive voice and data communications. The Company offers technology and product solutions for mainstream wireless applications that deliver cost and time-to-market advantages for its customers.
InterDigital has a strong portfolio of patented technologies covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com.
This press release contains forward-looking statements regarding Hop-On's production of handsets, ability to address the market, and product capabilities. Words such as "will" or similar expressions are intended to identify such forward-looking statements. Such statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in any such forward-looking statement due to a variety of factors in addition to those specifically identified above including, but not limited to: the market acceptance of Hop-On's handsets, unanticipated development costs, technical, financial or other difficulties or delays, and the availability or development of substitute products. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
InterDigital is a registered trademark of InterDigital Com
sloane6...yes Hop On, but they are from US....The guy who started it lives in California....and had some other Casino online deal that went bad before......yes they did sign a license. I dont know if they are selling anything of any significant amounts yet as to add to our bottom line yet though.........They also signed a license with Qualcomm so they do wish to do the right thing should that company catch on.............
12/16/2002 1:49:00 PM - InterDigital Licenses Hop-On Under Global, Multiple-Standard Royalty-Bearing Agreement
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Dec. 16, 2002--InterDigital Communications Corporation (Nasdaq:IDCC), a leading architect, designer and provider of wireless technology and product platforms, today announced that its subsidiary, InterDigital Technology Corporation (ITC), and a subsidiary of Hop-On (OTC:HPON), a developer of disposable and fully recyclable cell phones, have entered into a royalty-bearing license agreement covering Hop-On's manufacture and sale of wireless communications products compliant with TDMA 2G and multiple 3G standards.
Under the agreement, ITC has granted Hop-On a worldwide, non-exclusive license under InterDigital's patents to develop, manufacture and sell wireless devices built to Second Generation (2G and 2.5G) TDMA standards, including IS-54/136, GSM, GPRS, EDGE and others; and all Third Generation (3G) standards, including FDD and TDD for WCDMA, TD-SCDMA, and CDMA2000.
Under the terms of the agreement, ITC will receive a royalty on each licensed product sold by Hop-On.
"This agreement reflects our ongoing success in licensing manufacturers worldwide that are producing to the primary 2G and 3G wireless standards," stated William J. Merritt, President of ITC. "It further validates InterDigital's position as a recognized developer and contributor of essential technology while also demonstrating the positive impact of our recent acquisition of exclusive patent licensing rights from Tantivy Communications, particularly as it relates to CDMA2000."
Peter Michaels, Chairman and CEO of Hop-On, commented, "This agreement significantly expands our access to critical intellectual property and will enable us to move forward in our production of additional low-priced handset models. Our first priority will be to address the needs of the international markets where GSM is the dominant protocol."
About Hop-On
Hop-On (OTC:HPON) is the developer and marketer of the world's first disposable, fully recyclable and contract free cell phone. Hop-On's phones provide an alternative to full service cellular contracts and prepaid calling cards, are fully recyclable and will offer a rechargeable battery and the capability to add on additional minutes. For more information, visit www.hop-on.com.
About InterDigital
InterDigital architects, designs and provides advanced wireless technologies and products that drive voice and data communications. The Company offers technology and product solutions for mainstream wireless applications that deliver cost and time-to-market advantages for its customers.
InterDigital has a strong portfolio of patented technologies covering 2G, 2.5G and 3G standards, which it licenses worldwide. For more information, please visit InterDigital's web site: www.interdigital.com.
This press release contains forward-looking statements regarding Hop-On's production of handsets, ability to address the market, and product capabilities. Words such as "will" or similar expressions are intended to identify such forward-looking statements. Such statements are subject to risks and uncertainties. Actual outcomes could differ materially from those expressed in any such forward-looking statement due to a variety of factors in addition to those specifically identified above including, but not limited to: the market acceptance of Hop-On's handsets, unanticipated development costs, technical, financial or other difficulties or delays, and the availability or development of substitute products. We undertake no duty to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
InterDigital is a registered trademark of InterDigital Com
opinion about Marsala; Although I am disappointed with the way Marsala has turned his thinking since the days of the ASM, I am also optimistic that he would not be back covering the company with First Albany if he didnt deep down believe there will be extreme upside in the future. You can say all you want about the analyst mentality which can sometimes lead one to think these guys are only out for themseleves, but I dont think he would have come back if he didnt feel that IDC will be a feather in his cap. He could have easily cut his ties with IDC when he left Halpern.
I think analysts would rather look good making customers money than from just bashing a company down. So dispite hes contradicting price targets, Ill stay neutral for now on his agenda and wait to see what happens this month with the company.
ONE THING I AGREE WITH FOR SURE IS THAT THE SPOTLIGHT IS ON BILL MERRIT AND THE COMPANY NOW , FOR TALKING ABOUT LICENSING BEFORE THIS YEAR ENDS. If these guys dont produce they will loose more respect than ever before. I for one, will be one to call and give them hell if they dont deliver..............JMHO.....Norfolk
Smart Antennas Reach a Milestone and these Growing Pains Earn Future Gains, Visant Study Says
Smart antenna technology is now deployed in one out of every ten base stations in the world, a significant fact for wireless operators seeking a proven technology to expand the capacity and performance of digital wireless networks, according to a new Visant Strategies study, “Smart Antennas: Wading into the Mainstream 2003.”
Smart antenna technology, which increases the performance and economics of wireless networks typically through the combination of multiple antennas and advanced signal processing, has become a product many base station manufacturers are now looking to incorporate into their mix, following years of the product being pushed by a number of technology innovators and start-ups.
“Current market conditions, despite the challenges, suggest greater potential for the technology in the near term,” said Visant Strategies Senior Analyst Andy Fuertes, the author of the study. “Established infrastructure vendors are now integrating smart antennas into their product as wireless operators exhaust conventional methods of increasing their network capacity,” Fuertes said. “Operators are under pressure to improve profitability, and questions linger about moving to 3G in a lot of areas throughout the world, leaving many operators evaluating smart antenna technology.”
Market challenges include the current deployments of smart antenna technology mainly enhancing the standard PHS, while the GSM and CDMA2000 markets, the largest in the world, remain untapped, the study finds.
The smart antenna systems market will reach $1.6 billion in 2008, according to the study, with some growth fueled by the improved economics smart antennas will provide to next-generation networks in Europe and broadband wireless access (BWA) networks worldwide.
“Smart Antennas: Wading into the Mainstream 2003,” provides global forecasts for smart antenna system deployments and shipments by region, technology and application segment. It analyzes previous missteps and successes of the technology and the impact of the technology in the future.
http://www.visantstrategies.com/prSA.htm
NTT DoCoMo SOARS on earnings (3G Healthy) my words
NEWS FOR NTT
Tokyo stocks ring in gains, thanks to NTT
Updates, advisories and surprises
Tokyo stocks rebound as Japan election looms
More news for NTT
The Nikkei Average rose 19 points, or 0.2 percent, to 10,226.22, while the broader Topix eased 0.1 percent to 1,006. Most other Asian markets went south, with Singapore, Shanghai, Hong Kong and Taipei falling and Seoul rising.
A steady currency market was supportive, so were a surprise jump in the current account surplus and net buying by foreign investors. However, it was telecom giant NTT, a major company which has had problems over the last few years, which stole the show.
NTT (NTT: news, chart, profile) jumped 11.1 percent to 501,000 yen after it reported an 11-fold jump in net profits in the first half to 383.57 billion yen from the year-ago level of 33.16 billion yen on the back of a strong performance for group firm NTT DoCoMo (DCM: news, chart, profile), whose shares rose 6.2 percent to 240,000 yen. Read NTT pulse.
Meanwhile, the dollar traded at 108.73 yen in late Tokyo, steady from the late Tuesday level of 108.70 yen in London. The forex market in New York was shut Tuesday for the Veterans Day holiday. Wall Street stocks still traded, however, and the session was marked by mild losses and low volumes as many investors took the day off amid fears that interest rates may be on the rise.
"We expect Japanese equities to continue underperforming as long as the yen's value is volatile in the face of deflation," Bear Stearns' economist David Malpass told clients in a note.
After a mixed morning, Japanese technology stocks were mostly down for the count. Shares of Canon (CAJ: news, chart, profile) lost 3.5 percent to 4,910, while those of NEC (NIPNY: news, chart, profile) sank 2.7 percent to 920 yen and those of Hitachi (HIT: news, chart, profile) gave up 2.4 percent to 640 yen to lead losers. Sony (SNE: news, chart, profile) eased 0.3 percent to 3,880 yen. On the upside, Tokyo Electron rebounded 0.4 percent to 7,780 yen.
Steel stocks came crumbling after the WTO ruled that U.S. steel tariffs were illegal and Japan and Europe threatened to impose billions of dollars worth of sanctions. JFE Holdings (JFEEF: news, chart, profile) tumbled 3.3 percent to 2,515 yen.
The banks were mixed. Resona (JP:8308: news, chart, profile) rose 2.2 percent to 140 yen on a Kyodo News report that the bank will announce business-improvement plans later this month that call for a return to the black in the next fiscal year. Top bank Mizuho (MZHOF: news, chart, profile) was flat at 232,000 yen.
In the auto sector, Toyota (TM: news, chart, profile) fell 1.2 percent to 3,330 yen but Nissan (NSANY: news, chart, profile) gained 1.1 percent to1,259 yen.
Internet investor Softbank (SFGDYM: news, chart, profile), whose shares tumbled Tuesday after reporting a wide first-half loss, rebounded 1.2 percent to 4,360 yen.
Among other movers, Japan Tobacco (JP:2914: news, chart, profile) fell 0.1 percent to 737,000 yen after the Turkish government reportedly rejected the tobacco giant's $1.15 billion bid for the Turkish tobacco monopoly because it was hoping for a higher price.
On Tuesday, the Nikkei plunged 300 points on worries about Prime Minister Junichiro's Koizumi's reform plans as well as weaker-than-expected machinery orders data.
The weak industrial data ignited worries about the strength of the Japanese economic recovery and continued to give a lift to bond prices Wednesday as the yield of the key 10-year bond fell to 1.370 from Tuesday's 1.395 percent.
Gerald Curtis, a political analyst at Columbia University, said that he didn't think the results of the Sunday's general elections will encourage Koizumi to accelerate his structural reforms. "No, it will not accelerate reforms nor does it weaken or strengthen Koizumi's ability to govern," he said. "It means the consolidation of a two-party system but it is a long way to actually having a change in government."
There was some mildly positive news on several fronts Wednesday. Also, foreign investors remain net buyers of Japanese stocks. The finance ministry said that nonresident investors were net buyers of Japanese stocks to the tune of 1.07 trillion yen in October - the seventh straight month that this had occurred.
Late Tuesday, the so-called "economy watchers" index was released, showing that business confidence among service workers has improved. The diffusion index of economic confidence among the economy-watchers improved 2.2 points to 50.8 - the first time it was above 50 in 39 months.
Moreover, Japan's September current-account surplus rose 38 percent from year-ago levels to 1.59 trillion yen ($14.7 billion), the finance ministry said. The country's merchandise trade surplus climbed 8.7 percent to 1.29 trillion yen in September as exports rose 9.3 percent to 4.63 trillion yen and imports surged 9.6 percent to 3.34 trillion yen, it said. The goods and services surplus jumped 39 percent in September to 931.9 billion yen, it said.
Asia movers
In Seoul, shares of Hyundai Motor (HYMLY: news, chart, profile) eased 0.3 percent to 43,850 won on worries over the prospect of a one-day strike by South Korea's most militant labor union. Goldman Sachs said it thinks the "worst may be over" for strike-plagued Hyundai, which reported improved earnings in the third quarter Tuesday. The broker reaffirmed its 12-month price target for Hyundai of 53,000 won.
Hyundai rival Kia Motors (KIMTY: news, chart, profile) revved up 2 percent to 9,550 won ahead of the release of its third-quarter earnings.
Samsung Electronics (SSNGY: news, chart, profile) rose 1.5 percent to 468,000 won.
In Hong Kong, shares in China Resources Power Holdings made a flat debut on valuation and supply concerns. Shares rose to HK$2.825 from the issue price of HK$2.80. China Resources, which raised HK$2.58 billion (US$330 million) in its IPO, priced its shares at 33.3 times 2003 earnings. There are already three other independent power producers on the mainland listed in Hong Kong, including rival Huaneng Power International (HNP: news, chart, profile), which fell 0.9 percent to HK$11.30.
In Shanghai, shares of Pudong Development bank fell 3.7 percent to 8.84 yuan on a Reuters report that it plans to issue five-year convertible bonds worth six billion yuan ($725 million) to help its expansion. Rival China Merchants Bank slipped 3 percent to 9.35 yuan.
Allen Wan is the Asia bureau chief for CBS MarketWatch, based in Tokyo.
To All ...............once again it would be impossible right now for mr to have the time to thank all of you individually and I cant respond to private emails in private, as I dont have the full membership. So please accept my full blanket of gratitude to all you good folks on this board..........a quick update
he is recovering well and has already complained to the nurse that the cable TV at the hospital does not provide CNBC !!!!!
he also has been able to make some phone calls to us from his room to assure us he's feeling better.......I will pass along all the wishes to him when I go back to the hospital tomorrow....they are going to take him out of ICU to a regular room and he will be home on monday...............
Good night to all .......Norfolk
To All...a thank you......he came through the procedure and had had a DES coated stents put in one artery (thanks Ziploc1). He had a 90% blockage in one area and a 30% in another. The rest of the heart looked good and the 30% they leave alone. He is doing good in ICU and will be sleeping the remainder of the evening.
He should be going home on Monday as the hospital policy is a three day stay for this situation. I cant say thanks enough to all for those great words of support and concerns............us IDCers may be considered an odd bunch by some..............but I think we all share a common concern and compassion for all who have shared thoughts and opinions over the years for our 1 common goal.
Thank you and God Bless
Norfolk
To All Please read........................
I would like to let you all know that late last evening, my father JimLur, suffered a heart attack and had to be taken to our local hospital for treatment. He responded well to the nitro and other medications given, so for that, we are thankful. Today he will undergo an Angiogram and we will know further on his recovery. He was doing well last nite and was in good spirits considering. All I would respectively request is for those who usaually communicate to him by telephone, please try to keep from doing so, so my mother can get some rest after she comes back home today. This would be greatly appreciated for the time being. I will communicate further when I can and he will probably do the same once he is back home, which will hopefully be tomorrow. These are one of those defining moments when this whole crazy IDCC things seems so unimportant in ones life......................family , friends and health is whats most important, real fast............thats for understanding............................Norfolk
Rumors vs. News
Thu Oct 23, 3:01 PM ET
By Motley Fool Staff
You might think that stocks should move more on news than rumors, but that's often now the case. History has shown us that rumors or vague announcements can also have major effects on a stock's price.
Consider, for example, Amazon.com (Nasdaq: AMZN - News), which reported in 1999 that the next day it would make a big announcement. Immediately, its shares rocketed ahead more than 20%. Then, the next day, after the actual announcement (that it would begin selling home improvement items, video games, software, and gifts), the shares quickly lost half that gain. Apparently investors were expecting more earth-shattering news.
Stocks often move on nothing more than rumors. And, once the stock price begins moving northward, more people tend to jump into the fray, pushing it higher. By the time the news is revealed or the rumor confirmed, a re-evaluation of its likely impact on the company often results in an adjustment downward in the stock price.
That is the source of a well-known Wall Street maxim: "Buy on the rumor, sell on the news." As Fools, we don't follow that maxim, but if you ever hear someone say it, now you'll know what they mean.
negative...the worst mistake you made was not pulling the trigger when it went to the $13.90-$14.50 range on August 8th..........
I guess the move of Guy Hicks to the Defense Dept developement is no coincidence then..........puzzle maybe coming together...............
Guy M. Hicks, Vice President, Corporate Communications, will direct an expanded government relations program supporting the Company's business development activities. In addition to his current responsibilities for public relations and employee communications, Mr. Hicks will be responsible for developing and maintaining effective relations between InterDigital and U.S., regional and local government agencies, and will participate in identifying and pursuing opportunities for use of the Company's technology in programs under the jurisdiction of the Department of Defense and other federal agencies.
OT:wow big brother has struck again.......lol maybe hes from the old Soviet Union............either that or "this" is his whole pathetic life............stock board moderator..........big deal.....doesnt matter if you swear or keep it clean.....if you say something against his politics, your treated as scum
from Sodoti's website....and their about us......
Our rating system consists of BUY and NEUTRAL recommendations. BUY suggests a stock has capital appreciation potential of at least 25% over the next 12 months, while NEUTRAL denotes a stock is not likely to provide similar gains over a 12-month period. [/b}
http://www.sidoti.com/about_us.htm
truly a sad time................
As a long time shareholder of IDCC, I can honestly say I feel like I have been beat by Mike Tyson in his prime. Its obvious that this current set back has hit a lot of us below the belt. It has gotten really quiet around here, the proof is when it come to some of the old timers not posting. I don't blame them at all, as I am lost for words as well. I give a lot of credit to mcehere and tecee for trying to fight through this with all the positive news and outlooks. Loop, you have done a GREAT job telling it like it is and explaining the legal briefs....thanks.
I have owned this stock for many years although not as long as some. I had a lot of high hopes that this stock would take me to new levels of comfort living so to speak. Although it has provided many luxuries I could not normally afford, it is probably my fault that I was not a trader of the stock many times before. Since the up and down rides have taken their toll on me, I have tried to change my style and will use this setback to my advantage. Although it sickens me to see the stock fall and know that many have been waxed due to margin calls, I say that we must use this to try and better our position and not let the worth shrink to much. Whether or not we do or don't, the stock will fall to where it's going to go and I for one am tired of constantly starting over. So if I have to wait several more years, I am at least going to try and come back bigger and stronger with my amount of position. To me, that is the only way I can feel better about what's going on here. I hope whatever most folks here decide to do, it works for you and you find satisfaction with your investment here.
If anyone disagrees that's fine, I'm not here to argue or sway anyone's mind. I'm just stating my choice. I am mad at management in that they maybe should have handled the settlement news differently and should have had Nokias confirmation of the royalties first. That's all hindsight now though.
There isn't a soul here who cant say they wish they would have sold at $27 to buy back in a bit and to those who did, my hat is off to you for a good gut feeling decision. I was not fortunate enough to get $27 but I did OK compared to these last few days. If I wrong, then I wont have as much as I did before but I think given the history of the company, we are almost certain to know the outcome of the stock price. If others follow Marsala and no new contracts come in until this is done, we know what will happen. Its like 2000 all over again.
I really hope someday that people will look back at this board to read what people were posting during the " GREAT RUN-UP"....I know I enjoyed reading a lot of the Qualcomers stuff as they were all becoming Millionaires...its great stuff, to see every day folks become successful financially. Maybe we'll will be in the "IDCC Millionaire Archives" on IHUB someday. I'm only sorry to say that I think it will no be a bit longer. Good night all and I will be reading in the future .....................keep your heads up....................................Norfolk
M6-its not fake...my broker called me when he got it off the Dow Jones..............Norfolk
Lets also not forget that last quarter brought 45 cents per share, not counting Nokia or Samsung............
Lets not worry because if you remember, Howard talked about Nokias right to arbitrate as if he knew why and what they would arbitrate. He was very accepting, that if indeed they excercised their right to arbitrate, it would not be any thing earth shattering. So I guess what Im trying to say is, that if IDCC management calmly accepts nokias right to excercise this option, it was really to be expected all along. Maybe this wont be as complicated as we think. Lets hope we get some direction tomorrow from management or the market.
Green, Nokia is a Finnish company....but sounds Asian....buy a Sony Ericsson....I did nice phones and they are ...................customers now.......Norfolk
I agree there...I have always felt that. How can you give what was once your worst enemy (ERICY) a better deal that your current business partner (NOKIA).....isnt that just common sense?.....I always had a feeling it wasnt going to fly. I think they should have given Nokia and Samsung a better deal..........had all the money in at the time of settlement, rates locked and moved forward from that settlement day....However I still feel confident that we will get paid.....its just another speed bump when we should be sailing along................now we are stuck in another IDCC conundrum............unreal...Ill be 72 years old before this company gets what it deserves, so it seems...and Im only 40 now.........Oh well I agree with Joel....another buying op....one of many lately.............lol.................keep the faith...............Norfolk
Come on AMS, hell, Howard brought up the abitration thing in the damn CC after the Ericsson Settlement....are you crazy?...we all knew it was a possibility.....now its happened. The only thing I disagree with , is the way the market reacted to this.............its ridiculous
it's pathetic that the market considers Yahoo a technology stock.............give me a break. Even though they net a quarterly profit that doubled from last year...they miss analysts expectations and we all get hammered..........when will it end?..
greg s: youve wasted more time here with that stupid post....if your not an investor then you shouldnt care.....theres more people here that want DR. Bill ...and nobody here that wants you...........adios
Dale3 I agree..........I have great respect for most here, but this board is definitely a glass full or half empty crowd.......I'm not worried about Howards response. He talks like an attorney because he is one.............it's coming...and we've got great new coverage..........Norfolk
you live in a fantasy land..........doom and gloom.........if you believe that , why are you wasting your time here?
In my opinion, the Q is getting more bad press and desperate by the day. First the joint venture with Microsoft failed and now they have to sink 100 million in China to try and push CDMA...........some may disagree....all I know is Im glad I own the other guy.............Norfolk
Qualcomm-Microsoft Venture Wireless Knowledge Will Close
http://quotes.freerealtime.com/rt/frt/N?symbol=QCOM&art=C2003060500156e7019&SA=Latest%20News
Qualcomm-Microsoft Venture Wireless Knowledge Will Close
Jun 05, 2003 (The San Diego Union-Tribune - Knight Ridder/Tribune Business News
via COMTEX) -- Wireless Knowledge, a San Diego company created as a joint
venture between Qualcomm and Microsoft, will close tomorrow.
Almost since its inception, Wireless Knowledge, which aimed to create a market
for wireless data for businesses, faced troubles. From internal struggles
between its two parent companies to a revolving door of chief executives,
Wireless Knowledge failed to make inroads.
While the company was one of the first to focus on such services as wireless
e-mail and calendars, it was eventually eclipsed by other companies, such as
Research in Motion with its BlackBerry service.
After several years, Microsoft pulled out of the company in November 2001, and
Qualcomm transformed Wireless Knowledge into a wholly owned subsidiary.
While Qualcomm portrayed that move as a positive for Wireless Knowledge, the
company still couldn't sustain its business. After assessing Wireless
Knowledge's potential over the past few months, Qualcomm decided it was best to
fold the subsidiary into the parent company.
"Basically, they ran out of cash and are going home to mommy," said Isaac Ro, an
industry analyst at Aberdeen Group, a Boston market research firm.
Most of Wireless Knowledge's employees are being transferred to Qualcomm along
with the company's intellectual property. Qualcomm would not disclose the number
of employees at Wireless Knowledge. At one time, it employed 170 workers, but
the number had fallen to 130 by November 2001.
Ro said Wireless Knowledge, which was founded in 1998, was part of a crowded
field of companies that aimed to provide wireless data applications for
corporations. But the wireless networks were not ready to supply quality
wireless data. As the economy faltered, corporations cut back on spending and
were reluctant to spend on newfangled wireless applications that didn't have a
clear impact on profitability, Ro said.
"The question was how do you justify wireless e-mail," he said.
Norm Fjeldheim, Qualcomm's chief information officer, who also served as chief
executive of Wireless Knowledge since November, said the company had met its
main objective.
"The bottom line is that Wireless Knowledge was created to get the wireless
enterprise data market going," he said. "To some degree, we were successful."
As proof, Fjeldheim pointed to the number of major companies, such as Microsoft
and IBM, that now are focusing on the market. Part of the reason Microsoft
exited the joint venture was that Wireless Knowledge was increasingly competing
with Microsoft's new wireless data product.
That's par for the course with the software giant, Ro said.
"Anytime you jump into bed with Microsoft, do so with caution," he said.
Another reason to fold Wireless Knowledge into Qualcomm was that Qualcomm
increasingly has been focusing on the enterprise market. That new emphasis
created what Fjeldheim called "redundant functions" between Qualcomm and
Wireless Knowledge as the two organizations were making sales calls to many of
the same customers. And it was the Qualcomm name that was more apt to open
doors.
"It is easier to talk to Oracle as Qualcomm than it is to talk to Oracle as
Wireless Knowledge," Fjeldheim said.
Because of those facts, he said, most of the Wireless Knowledge employees
understood the decision to close the company.
Michael King, an analyst with Gartner Group, a market research firm, said the
move to shut down Wireless Knowledge should come as no surprise because the
company struggled for much of its existence. The company came to the market too
early and was hobbled when the stronger parent exited the business.
"It is not necessarily a bad thing for Wireless Knowledge," King said. "It has
been on this path for a long time. This is sort of like the other shoe
dropping."
Qualcomm Put USD 100 Million VC to Push CDMA in China
http://quotes.freerealtime.com/rt/frt/N?symbol=QCOM&art=C2003060600157u7831&SA=Latest%20News
Qualcomm Put USD 100 Million VC to Push CDMA in China
BEIJING, Jun 06, 2003 (SinoCast via COMTEX) -- Qualcomm, the world-famous
wireless communication equipment vendor, announced that it would invest nearly
USD 100 million of venture capital to encourage Chinese companies to develop
CDMA products and services.
This was part of its USD 500 million investment plans disclosed in October 2000.
In January 2000, Qualcomm reached framework agreement with China Unicom for
setting up CDMA networks across China. Later, the agreement was approved by the
Ministry of Information Industry.
Based on the agreement, Qualcomm authorized Chinese companies to use CDMA
technology in wireless products and networks. The first 12 authorized companies
include ZTE and Huawei, etc. (Ma/J)
shame of it is, its on the low end of the spectrum.............darn...lol
winner of contest for stock price on ASM is.....snowblow5
Prizes so far:
linedrivehitter is putting up 2 tickets to a Giants or A's game.
ghs1949 says he will donate a vintage 1992 IMM International Mobile Machine T-Shirt
TFWG says a case of Yueyling Lager.(But it's only payable AT THE ASM.)
closing price today is $25.62.......winner- snowblow5-$25.25
rob1945 $12.50
ed ferrari $22.50
chinookslayer $24.78
snowblow5 $25.25
spider69 $26.30
M6 $26.50
linedrivehitter $27.27
GreedAintBad $28.25
newriver $28.40
balivet $29.50
ppart1111 $29.88
akmaher $31.13
GE Jim $31.40
puma815 $31.50
Uptick Tim $32.45
bulldzr $32.60
dagrinch $33.94
Sofa King $34.00
bonsca $34.95
mmbtx_1 $36.21
clamcakes $36.75
wcdma2000 $37.50
ssalner $37.69
chill-$38.05
DWS $38.50
Silicon Valley Steve $38.87
cls $39.99
nieves $41.00
arizrealtor $41.41
Norfolk $42.00
2112 $42.24
micromays2 $42.50
pagopago $42.50
quartzman0-$43.47
johnVJR $44.44
arthritis59 $44.50
dogcharlie $44.75
sailfreeee $45.00
snowydread $45.19
alinlv $45.55
wayhaw $46.00
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MJPLIFE11 $47.81
redhot-$48.46
scooby5 $49.00
ghs1949 $49.19
Dishfan $49.89
Spree99 $50.00
twelvebees $50.01
Dumpter $50.50
AZDesert-$52.09
johninflorida $52.50
wilco24 $53.46
Sammdogg $53.50
Biggineg $53.75
bivouac $55.00
jzman22 $55.60
idccismymealticket-$56.65
zitboy_rev_11_3-$57.57
B58-$ 58.00
Gamco $59.99
Frank Nevada $60.00
ddwedge0 $61.50
boogie $62.00
memphis70 $62.50
eBuy2 $63.75
fordiamonds $64.03
Nesco $64.76
rtd $66.50
Desert Dweller-$68.75
sluggo33 $69.69
GrnAcrs $70.00
IDoCare $72.72
jimmylee $77.77
mike12kidc $78.00
osoesq-$79.69
Cubfan $81.85
texb $82.01
marlong13-$82.08
goblue $82.50
magillagorilla $86.22
themaude $87.53
TFWG $90.00
dndoodd $90.69
idcc2003 $101.00
tarheelcpa $125.00
ellismd $30.00 SPLIT ADJUSTED!!
boogie-$50.00 after 2:1 split
OT: nice license plate Joel....where did you get that one?...lol.......is there a CIA one as well?
I was shocked to see that IDCC connected the CNNFN interview to their website.........I think Howard did a good job considering......I think he made his points clearly....MHO
Joel: ignore this clown....as Mongo McMichael says" he's like a flea on an elephants rearend.....it just dont matter"
Hello is this where all the Howard Sterns of IHUB hang out?...............unreal
Joel I agree with what you are saying and I understand these guys have finances as well. However, dont you think that the all the selling after what Howard described as a watershed event was a little much?
I mean they were like fish in a barrel......one after another...........
IDCC has a lot going for it I agree.....but what about us?...we have been riding this storm for a long time an as soon as we hit the eye of the storm we are right back in it again. We all know how thin skinned Wall street is......especially in todays times.
I think at least management should aggressively have something to say with the PR department with putting down those false claims or worries investors have. But now we know they (IDCC) now feel that answering to these matters would make them a company that would constantly have to respond to such?.... I say you cant afford not too. If anything else, when the shorts or hedge funds need the bad press, they will use it.
as always JMHO...........Norfolk
Look I was upset about the PR like everyone else, but the fact still remains that nobody has a duty to say anything about it. It should suffice us to know that there may be an investigation and that it will end and then the end be known. So until then, why does everyone have to convict Ronny for something you have no sure knowledge of. If you want to hang someone , turn on Fox and watch about the Lacy Peterson case.........hes convicted already..........damn, sometimes its like a Frankenstein movie around here with an angry mob. When someone expresses a view.....everybody attacks you personally...through this stupid private reply thing (Teecee)......as I was told by someone before and this is not to slight the less fortunate, but arguing on the internet is like running in the Special Olympics, even if you win your still retarded....................Norfolk