InterDigital Inc (IDCC)

[dan7211]

Hey John .... IMO is it funny math or does Barclay's:

"Rising Adoption and Expanding Markets Provide Incremental Growth: Mass market 3G adoption, the shift to 4G, and broader integration of wireless technologies in nontraditional devices (e.g. tablets, etc.) all serve as drivers expanding IDCC’s addressable market. We estimate that the company has close to $3 billion in aggregate incremental revenue opportunities in 3G and 4G handsets alone over the next five years."


$3 billion dividied by 5 years = $600 mil a year/ $14+ EPS


14 X 13.5 PE = potential SP in the $ 189.

Or is that to simple? IMO