InterDigital Inc (IDCC)

[The Count]

Mickey, here's why it makes sense

First Kyocera renewal was up before repeat before the ITC decision, so that kills any argument that they failed to renew because of the ITC ruling.

If Kyocera felt that Nokia was a benchmark for its license, then they would wait until the conclusion of the ITC to renew, using the results as a guide. If Kyocera was wating for Nokia to license, then when IDCC lost at the ITC, they would continue to resist licensing.

Its also funny to the best of my knowledge no one seemed to mention Kyocera till after the ITC ruling. Makes one wonder why then?

It doesn't seem odd to me, as it is completely logical. Before the ruling most believed that IDCC would settle or win at the ITC. If one believed that Kyocera was waiting for the ITC to conclude, there was no reason for concern because when ITC ruled or there was a settlement, there would be a renewel. Similarly, after the assumed successful completion of the ITC, IDCC would sign Sony-Ericcson and other unlicensed manufacturers. Since Kyocera was relatively small potatoes, they were not discussed. Now that the ruling has come, Kyocera is the only company currently up for renewal, so rational minds look to their license status as an indication of the affect of the ITC decision on IDCC's post ITC licensing ability.

EDIT
Jimlur

Does the words to the best of my knowledge mean anything?

Mickey

In your case, not a whole lot. It means you have a selective memory, disregarding any negative facts or opinions. It means that you would much rather post every positive thought you can imagine without ever taking a few minutes to check the facts. It means you think you can post whatever inaccurate information you want by saying "IMO" or "to the best of my knowledge" and never aplogize for being wrong nor alter your posting to check facts before posting because it's not about being accurate, it's about being positive.

IMO, the fact that IDCC is woefully undervalued right now means that it is a good stock to own. However it does not mean that everything is positive. Fundamentals are absolutely positive, but IDCC did lose at the ITC. Relicensing is a concern. Technically the stock may be ready for a breather. Acknowledging all factors honestly helps one invest wisely. Buying a stock, holding it to the grave and relentlessly pumping is not a wise investment strategy IMO.