InterDigital Inc (IDCC)

[techinvester]

Hi Bulldzr,

I was hoping more for a multiple proportional to QCOMs in 3-5 years based on delta between the royalty rate of QCOM and IDCC. i.e. If the royalty rate of IDCC is 1/10th of the royalty rate collected by QCOM then hopefully the market capitalization of IDCC would be 1/10th of QCOM. The 1/10th estimate would be based on a royalty rate of 5% for QCOM and 0.5% for IDCC. This would also mean IDCC would have to license an equitable customer base equal to QCOM. Some fundamental assumptions but if true would indicate a share price far north of $30-35 in 3-5 years. Of course split adjustment if splits were to occur.

As a example even if the collected royalties were 1/20th of QCOM, IDCC's valuation for a comparable multiple would be approximately $60 in 3-5 years. (comparable multiple another fundamental assumption)

JMHO and personal hope of a possible future share price. Back to lurking,
Techinvester