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Thursday, April 27, 2017 8:43:02 AM
I think the tax cut worst case will increase share price by at least $20.00
This is assuming they don't license any new customers which will increase
revenues a whole lot more. Don't wait till it is finally passed and chase
the stock now is the time to jump all over it. If you was going to buy
something and you knew a year later it would cost say 20% more would you
wait till the next year?
Let's assume IDCC gets just 1 license from a past infringer and that
company should have been paying only 3 million a quarter or 12 million
a year but for at least 7 years for 84 million back money taxed at
15% would 12.6 taxes or 71.4 net or over $2.00 a share and I believe
I am low on what they would owe. I also expect we will get 1 if not 2
license before the shareholders meeting.
IDCC is still a SCREAMING BUY.
JMO
Mickey
Recent IDCC News
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- Form 11-K - Annual report of employee stock purchase, savings and similar plans • Edgar (US Regulatory) • 06/20/2024 12:30:40 PM
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