Thanks to those who shared their thoughts
I’ll respond to the pertinent comments all in one post. First, I envy those who are so certain about how this is going to play out and don’t need any help. I’m sorry for boring you with questions that have obvious answers, but I hope you’ll forgive me for my ignorance. Second, I’ve deleted posts about posters who may have insulted me. That debate is off topic.
dndodd,
The company was doing the right thing making the announcement. If my post gave the impression that I thought they did something wrong, I’m happy to clear that up.
I’m not looking to find a consensus on the message board – I think there is a pretty clear consensus here. What I am looking for is for others who have different experiences, other areas of expertise or may have thought of things that I haven’t. I’m clearly not the smartest person here, so I’m grateful when others are willing to share their knowledge and ideas. I will use that information to broaden my understanding of issues and make my decision.
Roger,
I’m not a big one on stock manipulation, however when the stock almost doubles on speculation of a buyout and there are lots of rumors floating around, I do see higher potential. My scenario was just something I made up to illustrate my concern that there might be some pumpers manipulating the price. I have no idea about how that works, but I do know there are manipulators out there. When we are trading on fundamentals, I don’t worry about stock price manipulation as I believe stock price and the stock’s value converge in the long run. However if this happens to be a unique opportunity to get a temporarily high price due to manipulation, I would like to take advantage of it.
I disagree that the goal of this board is to support the share price – I see the goal being to help us make investment decisions. I find it hard to believe a message board can have a long term affect on share price, but I do think we can learn from each other and make better decisions. I think the difference between those two premises is what causes much of the bickering on the board, as people on one side think the posts by the people on the other side are counterproductive to achievement of the perceived goal of the board.
Nicmar,
Thanks for your input. Yes, 1, 2 and 4 are risks I’ve identified, 3 & 5 are not a concern for me. I was interested to see if anyone had any reasons to think that Google would not want IDCC patents or if they had any reason to think that IDCC’s patents would not be worth at least as much as what Nortel got.
Sonic,
Thanks for your thoughts. I’m used to analyzing a company based on fundamentals, so I was hoping for some insight into possibilities/probabilities of a buyout because I have never closely followed stocks in this situation. Google not buying or bidding on IDCC is the biggest risk IMO, and my lack of knowledge is what leads me ask.
Data,
Thanks as always. You are a top five poster in my book.
AI
