InterDigital Inc (IDCC)

[jmspaesq]

I spent about $1000 today

I bought some Sept 105 call options.

I think that $1000 will turn into more than $100K maybe even more.

I am looking at buying a range of options, looking at strike prices, looking at EXPy dates including Sept Dec Jan

I have considered selling a couple of hundred shares, and putting some of that money into options too--some of it. I still hold in my pension and my own unique company options and I'm not exercising them or dreaming of it. I can't convert stock and buy options in my retirement accounts--I can only SELL covered calls and there isn't an option trading at anything close to a price where I could consider that--if they list calls for $1000 I might think of it though.

I am NOT all in like the Count but I did liquidate my managed portfoli and when that clears in a coupla days looking to make some MORE options plays. Still have a smattering of other stocks.

The idea of playing calls is to leverage a small amount into a very very VERY large amount especially in this fact specific situation which offers potentially unique opportunities for huge profits.

The Street is still slow to recognize what is going on here but after all these years no reason their numb nuts should have thawed I guess, they really really still don't get it.

No matter what the naysayers here say or what questions they raise concerning how good our IP really is, at this moment the calculation for me is that our IP is STIL valued at only a little more than one half of the Nortel IP. (market cap-cash=value of our IP (not considering any other value in the company as M Partners notes).

And that is crazy. Data rox or anyone do you think that our 18,500 patents are worth LESS than the Nortel IP went for in the current environment with huge players with lots of cash and lots of motivation including winners and losers of the Nortel auction???

If so sell, or hedge or whatever. An absolute minimum to me is the value of the Nortel IP + cash and that comes out to more than $115 a share.

And a sale at that price would make me sick to my stomach. I think we will get a tender it will be $125-175 if not higher maybe over $200 and then the bidding war will ensue.

JMHO and I really am just sayin...