InterDigital Inc (IDCC)

[0nceinalifetime]

Bill, your site has always been wildly inaccurate. I did a little sleuthing here:

http://web.archive.org/web/20000309073428/www.telecomtechstocks.com/focusstock/ratio.htm

and learned just how bad your vision of IDCC has been. Believe me when I say that you can't distance yourself from your inaccuracy simply by changing the URL of the site from telecomtechstocks.com to wirelessledger.com. Here is some of the laughable "information" you featured in 2000:

"There are different "risk to reward" factors in play now with a year end share price of $75 than in early November when the share price was $6. In some ways, InterDigital has a better risk-reward ratio now, even with the price up 1,544 percent from the beginning to the end of 1999.

"Although the IDC share price appreciated greatly in 1999, there were ample reasons -- strictly from fundamentals -- to justify that increase. Since the beginning of 1999, these very positive events have occurred:

InterDigital’s cash position has increased dramatically to a 3Q99 level of $78.6 million. (See: "Liquidity")

Current earnings are strong and potential earnings are extraordinarily robust. With only 48.8 million shares, it should be quite possible to generate $2 to $3 per share in earnings (up from the present $0.49 per share). At an average PE for telecoms of at least 60, that would translate into a potential IDC share price of $120 to $180. (See: "Earnings")"

"IDC has engineered a state-of-the-art wireless telecom demonstration chip with Texas Instruments. (See: "New ASIC Chips" and "Technology Risk")"

"A settlement with Ericsson Telephone is considered by many shareholders to have an 80% chance of completion by mid-2000 (The settlement amount expected by shareholders ranges all the way from $350 million - perhaps spread over five years - to the optimistic $1 billion.) (See: "Earnings Wild-card: Ericsson Litigation" and "Legal Risk")"

"Based on a year end 1999 share price of $75, many shareholders believe that the low end risk of the share price continuum is now perhaps $40 and the high end over the next 18 months may well be $120 to $180 (not guaranteed, of course, see risks). By these estimates, the risk-reward relationship can be estimated at a ratio of -40% to +250%."


Please spare us this embarrassment by refraining from associating the above website with this message board. IDCC investors have enough of an image problem without aggravating it by trying to pass off that kind of trash as wise investment advice.

Once