Qualcomm Inc (QCOM)

[richbloem]

Captainlogs, there are really no parallels between Q and IDCC. Except they both have a patent porfolio and licensees. IDCC was not called a mini QCOM, they were called a Baby Qcom by one anlayst. QCOM's business model and product line is much different than IDCC's. IDCC is not a pioneer of anything. They may have convinced some licensees to sign up for their patents, but there is still a question mark in the minds of the industry in terms of the importance or the legitimacy of their patents. Their patents have never been tested in a court of law except for the Motorola/IDCC trial which IDCC lost. In terms of relative stock price it is not even close. That said, you can still make money on IDCC or lose money. The problem I have with IDCC (although they have had a nice run this year) is that there is a large portion of their income base that is finite. Some at the end of 2006. They have not signed up any of the big boys for 3G and that is a worrisome thing for the future growth of the stock. 2G is history or soon will be. The street values companies on the future--not on the past.

P.S.-- I see that you think that IDCC has more WCDMA patents then anybody else. That kind of tells me that you don't understand this business or have been drinking the cool-aid.