InterDigital Inc (IDCC)

[robjer]

okay, mickey,
QCOM is down nearly 50% from its halcyon days when the telecoms were all moonshots.

I believe they traded at $400 before a 4:1 split.

So QCOMs share price is still largely a result of what they did in the late 90s early 00s.

they are also going to be a mature dividend play or on the acquisition trail. The people looking to get rich aren't going to do it in telecom.

widows and orphans and steady if unspectacular growth with low-teen p/e will be the norm.

I don't know how much 3G licensing will be done without including 4G in the mix and I don't know how much success IDC has in licensing across multi-generational platforms. (Witness the recent badmouthing of their earliest QCOM license giveaway)

Keep your IDC for what dividends it will pay, but if you're looking for a moonshot look elsewhere, imo.

I think if I had a bunch of IDC with 100% profit I'd be learning to write covered calls and trade the company on t.a.

but that's just me.

robj