InterDigital Inc (IDCC)

[Dishfan]

Hey Dave, I'd give you my price estimate after an arb decision; but, you know what?, I like Scot Robertson's, of Stanford Group, better. Check out pages 7-9:

http://wirelessledger.com/stanford.5.05.pdf

Scot's estimates (requiring my interpolation) range from $50 to $65 per share assuming recurring 2/2.5G payments from Nokia and Samsung, and, JPO decisions triggering Panasonic royalties. (He assumes Nokia and Samsung @ 0.5% and Panasonic @ 0.9%.)

Scot calculates annualized revenues of $333.0M given Nokia, Samsung and Panasonic royalty payments. (Not including 3G from Nokia and Samsung.) He uses 10.8 as a revenue multiplier; so, he's implying a total value of $3.6B or $65 per share! ($3.6B/55M shares)

He estimates net income at $2.50 p/s. A multiple of 20 puts the price at $50.

Read these pages - he's bullisher than me VVBG LOL