InterDigital Inc (IDCC)

[optionchain]

Todays stock movement is all based on emotion and disappointment from something that never was going to happen.
A settlement was not in the cards prior to earnings, plain and simple. Chalk another one up for Jag. The company is no different than it was yesterday, so this 4%-5% haircut will make no difference in the grand scheme of things providing the arbitration comes through like many of us believe it will. Howard could not have said it any better than saying "We are in it to win it". Todays earnings and guidance can certainly be trumped come a decision in favor of IDCC. Most investing in IDCC up until this point are not in it for this mornings earnings news, so I can't take this sell off too seriously. Whether this turns out to be a good investment still needs to be seen, but I know that the fundamentals haven't changed and this company is at a deep discount giving their position in the industry and their contributions to the standard. Management is going to take us to the promiseland and I feel that Howard was giving us every hint that he could without spelling it out that we are near prosperity. "Short Term" We have been through the worst and the light is at the end of the tunnel.