InterDigital Inc (IDCC)

[nieves]

52W HIGH: New 52-Wk High for IDCC @ $27.670 up2.60% [delayed]
Ridgeland, MS, JUN 05, 2003 (EventX/Knobias.com via COMTEX) -- This is the 1st 52 WEEK HIGH alert for IDCC in the past 7 calendar days.
The share price for Interdigital Communications Corp (NASDAQ NM: IDCC) reached a new 52-week high today, trading at $27.670, up $0.700 (2.60%) from its previous close of $26.970.
The Company's previous 52-week high of $27.500 was set 22 days ago on May 14, 2003.
One year ago, the Company's shares closed at $11.580. The price has climbed more than 138 percent since then.
At the time of this alert, the stock had traded 434,800 shares via 1,183 trades, 63.15% below it's 20day average of 1,180,075 shares.
This new 52-week high currently puts the stock:
10.72% above its 20day Moving Average of $24.992
21.86% above its 50day Moving Average of $22.707
49.53% above its 100day Moving Average of $18.505
The Company last released news on June 04, 2003 (yesterday):
"InterDigital Signs Research In Motion to Worldwide, Royalty-Bearing GSM/GPRS/EDGE Patent License Agreement"
INTERDIGITAL COMMUNICATIONS CORP
InterDigital Communications Corporation specializes in the architecture, design and delivery of wireless technology and product platforms. The Company develops advanced wireless technologies and products that facilitate voice and data communications. In conjunction with its technology development, the Company has assembled an extensive body of technical know-how, related product embodiments and a broad patent portfolio of Time Division Multiple Access (TDMA) and Code Division Multiple Access (CDMA) patents, which its licenses worldwide. The Company markets technologies and solutions primarily to wireless communications equipment producers and related suppliers. These solutions are embedded into products targeted for the following wireless telecommunications applications: mobile phones, personal digital assistants, mobile computing devices, other terminal-end wireless devices, base stations, and other infrastructure equipment.
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SUBJECT CODE: 52-Week High Technical Analysis