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Re: Danny Detail post# 32119

Tuesday, 06/10/2003 10:37:59 PM

Tuesday, June 10, 2003 10:37:59 PM

Post# of 433038
Danny D...yes, you're making sense in this post of yours. But, here's what gets my goat about a possible buyout.....when I see ronnie's and mschere's forward looking posts on expected/possible revenue times a 20 or 30 multiple, I see something greater than a $45 share price. Geez..some believe that will happen THIS year. Quite awhile ago someone posted a 3g link that showed a potential 2 trillion dollar industry with this next phase of wireless connectivity in the next decade. I can wait for some of that.

I am glad my cost basis is very low, and if I'd sell now I'd make a nice profit. But....I want some big bucks. Now, when you own 100,000 and more shares like some do here, a $45 price is a wonderful pot'o'gold. I know some of the "longs" who are getting out at $50. For me, I've got time and I'd like it to run some more. If we only get $45/$50...shoot, even $80...well, I don't need any different calculator than the one I already own!! Will I make money..sure...but won't I make more if IDCC stays independent?




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