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Tuesday, November 04, 2003 8:41:21 PM
Posted by: Desert dweller
In reply to: magillagorilla who wrote msg# 47465 Date: 11/4/2003 8:36:45 PM
Post # of 47486
Just what we need after our recent strength and going into earnings that should have been very good. We just can't get any traction lately to get us back over $18 or even hold the 17's. Even though this filing should not come as a surprise to anyone, barring any positive news in the morning, you can bet that we will drop tomorrow and my guess is that we will be back into the 16's in the AM. The worst thing will be if IDCC is required to accrue this as an expense in which case it will knock any and all potential for a positive quarter out the window. I sure hope I am wrong but I don't see how we don't have a decent selloff in the morning. With the low volume lately any selling pressure will hammer us.
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