InterDigital Inc (IDCC): ot, spree, my only post on this matter a...

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Re: A deleted message

Friday, 12/03/2004 8:50:05 AM

Friday, December 03, 2004 8:50:05 AM

ot, spree, my only post on this matter as this is the IDCC board. I congratulate you on your faith in siri. I was one who thought you were nuts on your purchase. I still think that company is totally overvalued considering it is now sporting a market cap of over $9 billion. That is ridiculous to me, but I obviously don't know a thing because I thought it wasn't worth 2 bucks a share. Great buy on your part.

The great thing as it concerns IDCC is that it will have a spillover effect when we clean Nokia's clock. If there are so many willing to bet on Siri, still an unknown as to whether or not it can make money, when IDCC shows it has made a bundle, how high will it go? If SIRI can have a total market value approaching 10 billion dollars with its results, I can only dream that the street will put the same valuation on IDCC when it has a half billion dollars in the bank.