InterDigital Inc (IDCC)

[Fog1937]

PR, Guidance, expectations are different from actual performance. Unless you've been in management situations as is IDCC's management, this is hard to realize and easy to criticize from outside. When you deal with an industry giant, such as NOKIA, who rather destroys itself than become a reasonable business partner, you have a difficult hand to decipher the future. Will AAPL turn into a similar cut throat, who will destroy rather than act responsibly? Management has no superior knowledge who will settle next or at what terms, so any guidance is difficult or turns into pre-reporting a known fact. We've just seen it with the estimate, its reflection with subsequent actuals and how it was presented.
I am in absolute favor to forgo all guidance reports by Management. Report what you legally must report and nothing more; report financial results the earlier the better and let the chips fall as they may. The company can not control short term trading pattern in its stock, nor should it.
Like Loop and others, I am in IDCC since its 'settlement' with QCOM. Did I sell on either the two $80 peaks or on the bounce off the SAMI settlements? No, I did not and have no set plan to sell at any price or time in the future (unless circumstances force me). I am not on margin so can not be forced to sell (except in a take over). 74% of the stock is held by institutions, they are not selling, so why should I? Paulson wanted to unload 3 million shares and the market absorbed them - those were actual shares that became available. Of the day to day trading, even like today, how much volume is vapor created by market makers?
The problem with many on this board, they are either short term traders or tired longs waiting for a quick 'pop'. They verbalize - not often fair or pleasant.
IDCC has demonstrated staying power and the ability to advance.
As an investor, on my money in this stock the dividend return is around 4%, even for new money in it today it is around 2%; a heck better than Money Markets, Savings Accounts etc. and gives a chance for Capital appreciation - tough to beat!