"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."[i/]
While anything is possible, I find your scenario very unlikely. Many things are better for IDCC than they were even at our last disaster lows, after the NOK arbitration was announced last year. Even then, the LOWEST it hit was high $13's and that was only for a moment, mostly it was around $15-$17. Since then we've added licensees (RIMM, HTC, Sierra), renewed Sharp, had another profitable year driven by reccuring royalties with strong year over year growth, wireless sales are up, 3G is rolling out as we speak, etc. The company is worth more than it was last year when it didn't even hit the lows you are talking about. Right now we are in the dumps, but the volatility that slammed us here works both ways, and the problem with waiting on the sidelines with IDCC is that when the news hits (and we have several biggies in the oven right now that could hit anytime, sooner or later), when you least expect it, the news will hit and the stock will shoot straight up to it's new level, as it has done so many times before, way faster than you can react and get back in in-time.
Personally, absent some major new negative event, I think we've seen the lows from this mess already. Certainly, upside seems more probable than downside, especially from a points/percentage standpoint. We just don't know the timing of it. Good luck to you, hope it all works out.
Davids
Market Data 
Markets 
AI
