InterDigital Inc (IDCC)

[robjer]

I think the problem with projecting forward earnings for 12 mos. is that one can't take into account the number of licensees that might decide to follow in Nokia's footsteps and not pay for using at least those 4 patents or maybe like Kyocera who's late in renewal, maybe several others balk at renewals as well. There is nothing IDCC can do except to sue them and that's worked out so well.

How can you assign a P/E on that basis?