InterDigital Inc (IDCC)

[GE_Jim]

Beta numbers, supply and demand cycles, buying pressure? Well sure. Fact is the markets are pulling back and were in the markets. Just a correction. Look at a dozen, 2,3,5 dozen, there all correcting.

Dow under 8k. Nas falling fast. S and P a long way from 900. And IDCC.

Well the drop is about to stop as we are closing in on oversold. The Nas at 37, IDCC at 31. And it won't matter if there is a war or Bush's actions or earnings results. The market will come back up right after the bottom of this oversell. It won't stay at the bottom, it won't drop below the oversell point. It will rise.

And for those that like to us beta as a ref. point. IDCC will rise 5 times faster than the norm. Without news.

Anyway have a good day