Friday, August 15, 2008 7:41:00 PM
Andrew you asked, "So what price would it take for you to sell your IDCC Shares?"
IMO myself and Loop who have been in this stock for 20 years couldn't answer your question. There's probably a lot of short timers that could.
For example if IDCC licensed Samsung and Nokia and the stock ran to say 60 I might sell some and wait until it settles down and buy back in.
If I were you just consider what a Samsung and Nokia license would do for this investment. If IDCC management brings down these two it makes only common sense the rest will fall.
If so our Mom and Pops dollars don't mean anything as the institutions will want to own shares and there's not that many around to have.
I don't know managements plans but common sense tells me with only 45 million shares they would split the stock and it could run again.
Keep in mind QCOM has about 1 1/2 billion shares out there and we have about 45 million.
Huge difference in shares as well as revenues coming in but there's a lot of room for for IDCC to run and most here are way ahead of the market.
JMO
Jim
IMO myself and Loop who have been in this stock for 20 years couldn't answer your question. There's probably a lot of short timers that could.
For example if IDCC licensed Samsung and Nokia and the stock ran to say 60 I might sell some and wait until it settles down and buy back in.
If I were you just consider what a Samsung and Nokia license would do for this investment. If IDCC management brings down these two it makes only common sense the rest will fall.
If so our Mom and Pops dollars don't mean anything as the institutions will want to own shares and there's not that many around to have.
I don't know managements plans but common sense tells me with only 45 million shares they would split the stock and it could run again.
Keep in mind QCOM has about 1 1/2 billion shares out there and we have about 45 million.
Huge difference in shares as well as revenues coming in but there's a lot of room for for IDCC to run and most here are way ahead of the market.
JMO
Jim
"Being 'over the hill is much better than being under it!"
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