InterDigital Inc (IDCC)

[walldiver]

IMO, the uncertain patent/political/judicial climate is pulling downward on the IDCC stock price to a lesser extent than the subprime mess is. Tech companies for the most part have been reporting healthy income, and are fairly optimistic going forward. However, it looks like some hedge funds and other large financial institutions are having to sell almost everything in their portfolio (including tech and biotech) in order to meet maintenance calls. This thing is spreading well beyond the subprime lenders and the regular lenders, and it's going to get worse.

One other entity that bears much responsibility for this mess is the Federal Reserve. A few years ago, Greenspan famously told prospective home buyers to go for adjustable-rate mortgages with low introductory teaser rates, then he and his Fed colleagues raised interest rates 17 times. Oops.