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Re: Alley post# 64502

Friday, 03/26/2004 12:24:17 AM

Friday, March 26, 2004 12:24:17 AM

Post# of 435817
Alley:

I very much appreciate and agree with your analysis. I am not an expert. Nevertheless, my gut tells me that, at this point, the likelihood of seeing some choppiness and downward/sideways drift in IDCC and the market is much more likely than it shooting to the moon.

The things that have put me on the sidelines for now are 1)Spain/Al Queda/terrorism, 2)Yassin assasination/Middle East turmoil, 3)Taiwan election uncertainty, 4) uncertainty of U. S. presidential elections, 5)slow job creation, and 6)skyrocketing housing prices (out here in California anyway).

These combined with the amount of time between now and January 2005 make me think I can increase my number of shares if I am patient.

I have been in this stock a long time, and I have seen the price go down to levels that were unconscionable only months prior. I think that can happen again. Yes. There may be a significant new license, or a surprise settlement. But, based on my experience with IDCC, those are not likely in the short term.

I can envision the stock going into the 13's with a little bit of choppiness in the market, perhaps even down to the 11's. Depending upon the circumstances at the time, I would probably get back in at those levels.

JMHO. Thanks for your posts.

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