Mickey's Telecom Corner

[mickeybritt]

Just a funny feeling

I somehow feel like something is up at IDCC. I don't have a clue what it is but all of a sudden we are seeing more volume early in the stock and the analyst expectations of getting paid, means if true they get paid, IDCC is buying or selling or going private. I have my nickels worth on buying Attila, as the underlying value of IDCC is to compelling to try to take it private, ala Merritts own words about the value of the Nortel LTE patents and this would make IDCC have to be just on the patents alone worth more than Nortel. So in my opinion this would eleminate IDCC from going private for less than the Nortel patents, and as I have stated there is value in the 3G patents, the cash, and the employees and equipment. In other words in a breakup value IDCC is worth a ton more than they are trading at. The down side versus what a liquidation would bring should be zero.

JMO
Mickey