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they clearly are very pessimistic about the future as they haven't bought back stock in ages and the insiders never reach into their own pockets to buy it.
Yep. Nothing new to see here. Please move on. Got the message BM
The apathy pervades the executives, the analysts and the investors. So glad I'm almost out of this pig.
The total lack of energy in this cc has investors fleeing for the exit. BM sounds like he could nod off at any moment.
We've been hearing for decades that the inherent leverage will kick in and our margins will be massive yet expenses always seem to crop up and revenues are effectively stagnant. Patrick flew the coop?
I can't believe after all these years we spend pretty much the entire cc discussing litigation.
Hopefully works out better than Foxconn in Wisconsin
Called and emailed PVDW and got nuttin back...
The should be retiring shares with both fists
Totally agree. If they are as optimistic about the future as they continually claim they should have been buying with both fists in Feb/March. What do they know?
And you've done exhaustive, independent analysis of Huawei's behavior and have drawn damning conclusions? Can you post a link to you report, sources, etc.? Thanks
I’ve called Patrick 5x and nothing back
BTW I've called Patrick 3x with some questions. Nothing back. I miss Janet. I even miss Marc Gercerstein. What a joke.
Good buy or goodbye? :)
“SS”?
I've made more money selling puts and calls on IDCC than I've made being long the stock
Revenue is recognized on a recurring basis whether or not the royalty deal is fixed or variable.
The Winner of Apple-Samsung Patent Fight? Their Rivals
http://online.wsj.com/news/articles/SB10001424052702303948104579533900322128362?mg=reno64-wsj
We DEFINITELY need an activist investor to light a fire under these jokers' behinds.
Hmmm...they must be confident in their future...
Qualcomm Boosts Dividend by 20%, Adds $5 Billion to Buyback Plan
By Tom Giles
March 4 (Bloomberg) -- Qualcomm Inc., the biggest provider of mobile-phone chips, boosted its quarterly dividend by 20 percent to 42 cents a share, while giving itself leeway to buy back an additional $5 billion in shares.
The additional repurchase authorization brings the total to $7.8 billion, San Diego-based Qualcomm said in a statement today. Qualcomm had already bought back $2 billion in shares in fiscal 2014.
Qualcomm is hosting its annual shareholder meeting today as Steve Mollenkopf takes over as chief executive officer, succeeding Paul Jacobs. The company has benefited from booming demand for mobile phones capable of a broad range of computing tasks.
The shares climbed in early trading after slipping 2.2 percent to $73.63 yesterday.Qualcomm Boosts Dividend by 20%, Adds $5 Billion to Buyback Plan
Does anyone KNOW that the company is precluded from buying back shares if they are "close" to a deal? Based on what Uncle Billy has told us pretty much continuously for the last 5 years or so if that were true the company would have repurchased ZERO shares. I think the fact that the company hasn't used up the entire buyback authorization below 30 is a HUGE bear signal...
Sent to Greg Zuckerman at WSJ
Been long (like most of us) since 1997 or so...I'm old and this story is getting old...
Bring back Mark Gercenstein!!!
Actually not sure Uncle Billy even knows where the switch is.
Uncle Billy is asleep at the switch
Good to see we're exhibiting a beta of 2 on this market flush.
Uncle Billy gets paid the big bucks and he should be held accountable.
Russell 2000 up 30%+ over the last year…IDCC down 30%. Time to boot Uncle Bill
I'd rather they use the $$$ to buyback shares. Get the share count as low as possible then tender for the rest at $100 a share.
Totally agree. Tried pitching Uncle Bill and Aunt Janet on that years ago to no avail...
W're STILL in the first quarter??? I've been hearing that since 1993!!!
House Passes Measure Setting Limits on Some Patent Lawsuits (2)
(Updates with Microsoft comment in eighth paragraph.)
By Derek Wallbank and Susan Decker
Dec. 5 (Bloomberg) -- The U.S. House passed legislation to rein in some patent lawsuits that technology companies say could reduce the time they spend fighting such suits in court.
The vote today was 325-91, with 27 Republicans and 64 Democrats opposing the measure. The Senate has its own version of the legislation, which it may take up early next year.
The vote “gives us a huge amount of momentum,” House Judiciary Committee Chairman Bob Goodlatte, a Virginia Republican who sponsored the bill, said in an interview.
The measure would place limits on entities that buy patents in order to demand nuisance royalties from as many companies as possible. Called “trolls,” such firms filed 19 percent of all patent lawsuits from 2007 to 2011, according to the Government Accountability Office.
The measure is “a great step in the right direction,” said Michael Beckerman, chief executive officer of the Internet Association, whose members include Google Inc., Facebook Inc. and Yahoo! Inc. “There are so many abuses in the system that it needs to be addressed. It’s become an extortion game based on, ‘We know your legal costs are going to be high, so you’re going to settle with us.’”
Senate Judiciary Chairman Patrick Leahy has introduced a different patent bill that may come up for a vote in 2014. Those measures would have to be merged before President Barack Obama could sign it into law.
Leahy’s committee is set to hold a hearing Dec. 17.
‘Common Sense’
Horacio Gutierrez, Microsoft Corp.’s head of intellectual property, said the House legislation had “common-sense reforms to curb abusive patent litigation.”
Critics including the Innovation Alliance whose members include Qualcomm Inc. and Dolby Laboratories Inc., said the measure was pushed through the House too quickly.
The House version “will hurt U.S. innovation, economic growth and job creation,” Brian Pomper, the group’s executive director, said as he pledged to seek changes in the Senate bill.
Representatives Thomas Massie, a Kentucky Republican who holds 29 patents for touch technology that runs computers, and John Conyers of Michigan, the top Democrat on the Judiciary Committee that oversees patent issues, said the bill needed more vetting and should be put off until 2014.
“The bill will have unintended consequences that the people who drafted it don’t yet see,” Massie said in an interview, adding the measure will “weaken the patent system overall.”
Finding Balance
The debate centered on ways to find a balance between the goal of curbing litigation abuses while ensuring patent owners can protect their inventions from knockoff competition or unauthorized use. Companies that are routinely sued backed the bill while companies that generate revenue by licensing their patents opposed it.
The legislation would require patent owners to provide more information on their inventions and describe the infringement, and limits the amount of pre-trial information that can be sought from accused patent violators.
The measure “takes important steps to address abusive litigation practices that stifle innovation and hamper economic growth,” said Representative Darrell Issa, a California Republican who has 37 patents related to car alarms.
The Obama administration issued a statement that the House measure “would improve incentives for future innovation while protecting the overall integrity of the patent system.”
Drugmakers, Manufacturers
Industries with revenue tied to patent protection, including drugmakers, technology companies and manufacturers, supported 3.9 million jobs and generated $763 billion, or 5.3 percent, of U.S. gross domestic product, in 2010, according to a Commerce Department report last year.
Businesses that often are sued, such as Google, Cisco Systems Inc. and other companies in the Coalition for Patent Fairness, back the measure. They say it would hinder lawsuits against them and their customers.
Goodlatte handed lawmakers a two page list -- printed front and back -- of companies and groups supporting the measure including tech giants Apple Inc., Amazon.com Inc., Facebook Inc., Microsoft Corp. and Oracle Corp.
Overstock.com Inc. and groups for hotel and casino operators, automakers and restaurants sent a letter to House leaders saying frivolous lawsuits are an “expensive distraction” for businesses.
“Simply, patent trolls do not innovate, create jobs or promote economic growth,” according to the letter. “Our businesses do.”
Qualcomm, Patents
Opposition was led by the Innovation Alliance, which includes among its supporters Qualcomm Inc., the maker of chips for mobile telephones that generates almost a third of its revenue from licensing patents. It wants to limit congressional action.
Instead, the alliance is pushing lawmakers to stop diverting funds from the U.S. Patent and Trademark Office, which is supported by user fees and has been criticized for issuing too many patents of questionable validity.
The Coalition for 21st Century Patent Reform -- made up of General Electric Co., Johnson & Johnson, Eli Lilly & Co. and other patent holders -- supports limited legislation to combat litigation abuses. It says some provisions would take power from courts and increase the costs of litigation for all sides.
The Association of American Universities has said portions of the bill could increase litigation costs for research universities.
Court Proposals
Federal courts are weighing the same issues involving patents. The U.S. Supreme Court has a pending case to determine when to penalize patent owners for filing questionable claims.
The federal courts’ administrator is proposing rules that might lessen litigation costs and ease requirements for patent owners to disclose invention details and describe the infringement.
Groups backing smaller government, which usually align with Republicans, were split on the measure.
Americans for Prosperity and Americans For Tax Reform back the legislation. The Club for Growth and American Conservative Union were among those who joined in a letter saying the measure would “hamper innovation” and “increase litigation at the expense of innocent innovators.”
The House bill is H.R. 3309. The Senate bill is S. 1720.
I'm back...hope no one missed me too much. Sold Dec 35 puts pre earnings and bought some common today. Nothing is ever easy with this pig!!
NEW YORK (MarketWatch) -- Motorola Solutions said Monday it's increasing its stock buyback program by $1 billion to a total of $3 billion. Motorola plans to buy back $1.9 billion in stock in 2012, compared to $1.1 billion in 2011.
I've been very vocal on this point and I have to agree it is a very bullish sign. I'm guessing the Strategic Review opened the insiders' eyes as to the embedded value in the company.
Fire every non-engineer employee!!!