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Is there a rule in effect that stock mutual funds may not buy stocks that are less than $5.00?
Revlis, whatever has caused SPRD to recover 750% off its' low ( now trading at $5), could be very good for IDCC. Below is a snip from a Barclays' Stock Analysis Note in regard to the past March announcement that Samsung has agreed to purchade chips from SPRD:
"... we think Samsung is eyeing China's TD-SCDMA (3g) market, where Spreadtrum is one of the few authorized baseband providers. If the current relationship works well, we believe Samsung may consider expanding its use of Spreadtrum's products to launch TD-SCDMA phones in China." I understand that China Mobil also has authorized SPRD products.
Does anyone know about how much is the price of a 3g chip and what might be the royalty rate? Thanks
SPRD is a mainland licensee.
In answer to your question,"why did SPRD drop", I believe that the reason may lie in the fact that they prematurely put up all their chips (pun) in developing TD-SCDMA products, and the technology has been slow in taking off. But I can't substantiate this. Thanks for your reply
Data- Mediatek is much older than Spreadtrum and -incidentally- i believe it is Korean, not Chinese. SPRD is the only Chinese fab that IDCC has licensed that I am aware of. So why do you say that IDCC "does not need" Sprd to access the Chinese market? Since SPRD's low point 2nd quarter, they announced that they were selling chips to Samsung. They also advised that their 3rd qtr. revenues will be greatly improved. Since they have at their fingertips IDCC's knowhow, I'm betting on them. Sprd could have been brought about a year ago (after the IDCC license) for $.70. It closed today at $4.18 - a new recovery high. About a 600% move! I sense that there is more good news to come. IMVHO.
Data- Mediatek is much older than Spreadtrum and -incidentally- i believe it is Korean, not Chinese. SPRD is the only Chinese fab that IDCC has licensed that I am aware of. So why do you say that IDCC "does not need" Sprd to access the Chinese market? Since SPRD's low point 2nd quarter, they announced that they were selling chips to Samsung. They also advised that their 3rd qtr. revenues will be greatly improved. Since they have at their fingertips IDCC's knowhow, I'm betting on them. Sprd could have been brought about a year ago (after the IDCC license) for $.70. It closed today at $4.18 - a new recovery high. About a 600% move! I sense that there is more good news to come. IMVHO.
Has anyone noticed that SPRD is trading at a recovery high of $4.15? Could SPRD be IDCC's entry vehicle to the Chinese market. China is on the cusp of entering the 3-4G market. Omly one year ago you could have bought SPRD for pennies. Up from the ashes!
SPRD may become idcc's gateway to the Chinese market lol
Yes, Desert, the present incipient breakout from the ascending triangle pattern foretells that a upward move is imminent and that it should carry the stck price at a minimum to the low 40's. I am a fundamental investor. Nevertheless I do not poo-poo the technical. LOL
Yes, Desert, the present incipient breakout from the ascending triangle pattern foretells that a upward move is imminent and that it should carry the stck price at a minimum to the low 40's. I am a fundamental investor. Nevertheless I do not poo-poo the technical. LOL
For chartists here is a interesting pattern:Click
http://stockchart.com
and go to "Chart School- chart analysis". You will see a Walgreen Co. chart pattern which is similar to the chart which idcc has developed in the last four months. For the IDCC chart, also go to:
http://stockchart.com
It is called "An ascending triangle"
Report and summary on WIMAX patent litigation:
ddhttp://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070221005...
Seeking comment on the following option leverage strategy for those who are long on idcc:
1) After buying, say for illustrative purposes, 1000 shares of idcc @ $34.80;
2) You sell 1 Feb. 40 call which is now priced at $1.00, so you get $100.
3) Now buy 6 Feb. 35 calls which are now priced at about $.15, so your cost is $90. The buy and sell calls almost offset each other after commissions for all transactions.
Now let's look at the possible outcomes when the calls expire on February 16th:
1) At $35.00, you will break even;
2) Below $35.00, you will have an unrealized loss;
3) Between $35.00 and $40.00, the 40 calls will expire worthless and the 6 Feb. calls will be worth 6X the shares' price over $35.00. And your shares will be purchased at $35.00. So you will have a net gain.
4) Finally, if at expiration idcc is over $40.00, you can elect to either exercise the calls or sell them, or choose a combination of both. In any event you have made out like a bandit.
Please tell me what have I missed in this strategy?
Learning, Sort of like a self-fulling prophecy, n'cest pas?
YayhooFinance reports that IDCC closed in the aftermarket $34.41, up 91 cents
HANDWRITING ON THE WALL:
Please read "China Mobile Standard Ready to Roll" from the TD-SCDMA Forum:
http://www.tdscdma-forum.org/en/news/see.asp?id=3784
Particularly note the last two paragraphs.
MERRY MERRY
Sorry I missed the link to this story:
16th October, 2006
ASIA Singapore : Twelve leading mobile operators spanning six continents are spearheading the GSM Association’s '3G for All' campaign, which aims to make third-generation mobile services accessible to a much wider user base. In the first phase of the campaign Cingular Wireless, Globe Telecom, Hutchison 3G, KTF, MTN, Orange, Smart, Telecom Italia, Telefonica, Telenor, T-Mobile and Vodafone will select a flagship 3G handset designed to appeal to the mass-market.
The GSMA, the global trade association for mobile operators, has invited handset makers to submit proposals for a 3G mobile phone that can support advanced services, such as high-speed Internet browsing, mobile TV and instant messaging, while costing significantly less than a low-end 3G handset today. The GSMA believes the endorsement of 12 of the world’s leading mobile operators, which collectively serve 620 million subscribers, will help the winning handset vendor achieve the economies of scale in manufacturing, logistics and marketing, necessary to make 3G phones much more affordable. Upon final selection, the ‘3G for All’ handset will be made available to all GSMA operators.
“We want 3G handsets, offering access to a rich suite of services, to become the default choice for people buying a new phone,” said Craig Ehrlich, chairman of the GSMA and a board member of Hutchison Mobile Communications, which is sponsoring the project. “The size and geographic breadth of the companies steering this campaign demonstrates the importance the global operator community attaches to making 3G a mass-market phenomena.”
Over the next few months, the 12 operators will evaluate and score the proposals submitted by handset vendors against the following criteria - functionality, usability, logistics, market acceptance, target price, service and support, strategic commitment and form factor. The handset with the highest score will be endorsed as the official ‘3G for All’ phone by the GSMA. The winning handset will be announced at the 3GSM World Congress in Barcelona in February 2007.
Is this a cool or not?
This will grow the 3G handset population to the benefit of IDCC:
Operators With 620 Million Subscribers Spearhead GSMA’s 3G Campaign
Is this a new analyst's recommendation? The Phiadelphia investment firm of Boenning and Scattergood (oldest in Philly) rates IDCC outperform as of 9/7/06.) I do not have the full report but as suscriber to the Motley Fool I got this information. Can anyone supply the full report?
Who Makes What: (for weekend reading)
http://www.unstrung.com/document.asp?doc_id=91012&WT.svl=reports1_3
The July Motley Fool newsletter recommends additional purchases of IDCC:
"InterDigital has performed well for us in a brutal environment for tech stocks. Of course, some of that can be attributed to the company's settlement with Nokia (NYSE: NOK), which involves $253 million in back patent royalties, already paid in full. Not surprisingly, InterDigital updated its second-quarter revenue guidance, now expecting $291 million to $293 million for the quarter. This is a one-time event related to 2G-TDMA technology, but InterDigital and Nokia have also terminated their earlier agreement on 3G products and will renegotiate. I believe this stock would have moved higher still in a better stock market, and that we will see more outperformance as InterDigital continues to win court battles and to further monetize its extensive intellectual property portfolio. I wouldn't hesitate to add new money here -- it was a top contender for my re-up."
Here is my take on the potential effect that options expirations tomorrow will have on the IDCC price, assuming that the IDCC price tomorrow remains above $30:
The naked option sellers for the most part have already covered or will be forced to close their positions by buying back their options. This will have no effect on IDCC price.
On the other hand, the covered option sellers, which represent the vast majority of the open interest, will make a choice: Either they will cover my buying back their options, which action will have no effect on IDCC's price, or they will let their stock be called. If they remain bullish, they will rebuy stock to restore their original position before they were called. It is this course of action that will put upward pressure on IDCC's price.
I do not belive the the conspiracy theory so often expressed on this board that the option traders conspire to sell stock before the expiration date in order to avoid a loss. Option makers are savy and they know when to get out of they way of a bulldozer. IMHP
Call writers are only happy if they were selling naked calls. Covered call writers probably have lost more on the currenbt price loss can the premium they made on the calls.
Interesting old MotleyFool message:
http://www.fool.com/community/pod/2000/000616.htm
BM stated that they were going after the "top ten" that are not yet licensed for 3g. Will someone please name these companies. TIA
The Washington Post reported today that Lockheed won a 2 billion contract from the US to build and additional sattelite system.
To start '06 right, will someone please explain what is a 2g protocol stack and what makes it valuable to IDC ? Thanks and happy, happy ....
In home wireless TV is a great idea. I hope IDC has an essebtial patent. To jump start 2006. Regards to all
Anyone, PLEASE: As I understand it, the arbitrators decided that Nokia owes royalties to IDC for its' 2g and 3g sales from 2002 through 2006 under the present contract. My question is: How can the dollar amount be determined for 2006 beforehand? Thanks
Please explain to me how the Court or IDC can arrive at a sum certain that Nok owes to IDC for 3G 2006 hand held royalties under the existing contract before 2006 is over. Thank you and good wishes for all.
Illegally licensed handset manufacturers in China:
http://www.chinatechnews.com/index.php?action=show&type=news&id=3135
For more legible Sharp article, see:
http://www.3g.co.uk/PR/Nov2005/2204.htm
New Sharp 3.2 megapixel handset:
http://www.atomicbobs.com/index.php?mode=read&id=83352
Nokia and Putian form jv to promote TD-SCMA
Please tell me what "carried with the case" means is Judge Ford's order today?
Please tell me what "carried with the case" means is Judge Ford's order today?
according to Lu's recent financials
They spend on average $290,000,000 per quarter on "Research Development". Can you imagine how painful it must be to be stung by a pesky little mosquito like IDCC? How dare you, Interdigital?
Re Tantivy v. Lucent, what is a win worth?
To learn more about Near field Communications, see:
http://nfc-news.blogspot.com/