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Re: Data_Rox post# 278847

Thursday, 12/03/2009 5:22:17 PM

Thursday, December 03, 2009 5:22:17 PM

Post# of 432730
Put me near the top of that list

lol.....just don't dig up posts from those that thought the price would be over 50 by now!

I was positive that IDCC would achieve over $2.00 a share of earnings in a few years back in 2001, with a solid 10-20% growth rate based on the 2G/3G market share. With a good PE based on solid, secure earnings, a strong cash position and excellent visability, I was very sure that IDCC would be well over 50 by now.

Back when there was a big debate over stock options, there was some talk about options being out of the money, at as much as $60 a share, but had a 10 year life. Folks were claiming those options had no value. One poster said he'd sell me all I wanted at $1 a share for a 10 year option to buy IDCC at 60. When I wanted to take him up on it, he decided to pass. I would've been very happy to have made that deal at the time, but it now appears that I was overly optimistic. The Jan '11 puts are at .05/.25 now. I am still optimistic however I have learned to be cautiously optimistic and very patient. I just hope I get to see a selling opportunity before my kids inherit my shares.

Yes, Data, you are absolutely correct in that there are plenty here to counter any unfounded negative posts (and also most of the realistic but negative posts), so some of us are viewed as "N's" because we don't pile on against the negative nellies. I appreciate your balanced contributions to the board from your industry expertise as well as your sense of humor. You are definitely one the top 5 posters here IMO.

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