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LTE

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Alias Born 03/28/2009

LTE

Re: Monterey2000 post# 428586

Saturday, 02/20/2021 11:52:01 AM

Saturday, February 20, 2021 11:52:01 AM

Post# of 432970
<<The company generated $121.1 million of free cash flow2 in full year 2020>>

Thanks for the info.

So currently on a trailing basis, IDCC's price to free cash flow is
16.5X. So it's not an expensive stock.

And if Merritt can get that extra $300 million or so in revenue
growth, I can see why B Reilly has a high price target. And
if IDCC 'only' gets about 2/3 of that (to be conservative), that's
still good room for growth.

The reason why I'm invested in IDCC is that they generate lots
of cash for their size and they have room for growth.
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