InterDigital Inc (IDCC)

[rmarchma]

TheNet re M Partners 2010 earnings estimates you asked:

...."re. MPartners. Ronny, what do you think of MPartners’ estimated numbers, $3.44/sh (the highest among 5 analysts) estimated for 2010 and $3.68/sh estimated for 2011?.....The analyst seemed to think that IDCC will continue to get paid by LG after the current license expired."

What I have a problem with is M Partners long-term share price valuation methods. I think 1% per-unit royalties and 40 cents chipset royalties might be a little too high. Still, I really have no problem with M Partners 2010 estimated EPS of $3.44 per share, which appears reasonable to me. However, I can't comment on their 2011 estimated EPS, because there are too much uncertainties at this particular juncture. Primarily will LG renew for 2011 and at what royalty rate/amount if they do?