InterDigital Inc (IDCC)

[GE_Jim]

Well I suppose that could be worded, if it falls. However IF it falls there is mild support that I wouldn't bank on at 14. Good support at 11.75 area.

Now before others take shots, it doesn't HAVE to go to 14 or 11. Currently there is No support between 14 and 16. Doesn't mean an area can't be made into one.

IMO MY opinion only the market is due for a drift down over the next 90 days. I would expect this to drift down to take IDCC with it after it settles down. There is no reason to suspect it to go up right now unless they land something big real soon. If the markets do break down and IDCC follows with the others a 10 to 12 base range would not be out of the question. To get a better view of where this is going it needs to settle down first. The big boys are trying to get out as best they can with the old buy a little sell a lot, but . . . man o man did those analysts get slapped hard. Boy oh boy, they got it good and then some.