InterDigital Inc (IDCC)

[Alley]

Some thoughts...


QUESTION 3/20/2003 By bushdog
"Alley, As a technician, wouldn't you consider this move over 20 on heavy volume a major indication of higher prices?" ....
http://www.investorshub.com/boards/replies.asp?msg=857494

Answer
YES.


Excerpt from my post 3/17/2003
IMHO
"In the days to come ... our stock will greatly appreciate. There will be many more impressive moves like we saw today. Some of those moves will be breath taking. This is the true beginning. The anticipation is over.
There MAY perhaps be some gaps to fill causing some gut wrenching volatlity,but I do not see that as an issue at this point. We have removed that clouds that have kept us on the ground."

"There MAY perhaps be some gaps to fill' .... 3/17/2003
intra day high 19.99 ---- 3/18
intra day low 18.09 ---- 3/20--------closed today---20.15
"There will be many more impressive moves like we saw today.
Some of those moves will be breath taking "

Excerpt from my post 3/17/2003
"WAIT TILL THE STREET ----REALLY---- GETS HOLD OF THIS..."

In the days to come...
Articles will be written,
new analysts will initiate buy ratings,
positive news releases will arrive,
brokers will step in,
new institutional investors will arrive,
new individual investors will establish positions
...not on speculation ....on facts.





-----------------------------------------------------------------
QUESTION
are we going to have another 99 runup eom
http://www.investorshub.com/boards/read_msg.asp?message_id=857693

IMHO
NO .....IT WILL BE A MORE STABLE CLIMB ....
you Will be able to sleep better.



The difference between IDCC'S future run up and 99's
Would be like comparing .... night to day .

--------------------THE DIFFERENCE--------- In '99
[] '99 run up was primarily on speculation and rumor.

------SOME NUMBERS ------

Date Open High Low Close Volume
Dec-09-99 10.50 11.12 10.50 10.94 1,326,000
Dec-10-99 11.44 18.25 11.19 17.75 4,930,600
Dec-29-99 22.56 55.00 22.50 50.00 5,122,000
Dec-30-99 54.00 82.00 50.00 63.50 12,661,300
Dec-31-99 63.50 75.06 39.38 75.00 5,502,100

[]OPTIONS EXPIRATION WEEK DEC13 TH. -17TH......99
We had a high of 25 on that Monday --- DEC-13
and a low of 13.19 on that Friday --- DEC-17

8 trading days later we were at....$ 50 DEC-29
Date Open High Low Close Volume
DEC-29-99 22.56 55.00 22.50 50.00 5,122,000

------OPTIONS EXPIRATION WEEK ------
Date Open High Low Close Volume
DEC-13-99 22.00 25.00 19.38 20.00 5,680,400
DEC-14-99 19.94 22.00 18.00 19.38 2,948,700
DEC-15-99 19.38 19.62 18.25 18.88 1,719,800
DEC-16-99 18.81 18.88 14.62 15.62 2,793,800
DEC-17-99 15.38 17.75 13.19 16.94 3,308,500

[]The sell off came in January....
IMHO people waited to avoid the tax liability
The shorts were all over this overbought speculation run up.

IDCC went from an intra day high on DEC-30 of $82
[why didn.t I sell/?lol]
To an intraday low of 28------- 9 trading days later

Date Open High Low Close Volume
DEC-30-99 54.00 82.00 50.00 63.50 12,661,300
Jan-12-00 34.00 35.00 28.00 30.12 6,610,500

[]There were no established rates from Nokia
[]Rumors of ericy settlement were rampant due to recent patent affirmation
[] Samsung was not on board
[]Analysts and institutional investors had no real model to establish revenues
[] I could go on and on........


---------------------------NOW-------------In 2003
In just a few words........the guessing games are primarily over...
There will be some short squeezing going on..... there will be some volatility ... AS MUCH IF NOT MORE to the up side then the downside. I have added to my shares at 18.35 19.15 and today19.45 [got in late this pm].I have set cash aside to average up for this event.
This last 6 point move I believe is a true indication of things to come. This recent move was not due to SPECULATION it was due to RESOLUTION. The largest gains IMHO are in front of us. The future dips will be nothing more than they were in January ... buying opportunities......the 60-90 days that I spoke of in previous posts have just begun to arrive.

Excerpt from my post 1/27/2003
"...look at the price of stock today and look at your GAINS in 90 days. At today's price you can look at your gains in 60 days...perhaps 30 days "

Date Open High Low Close Volume
Jan-27-03 13.05 13.31 12.35 12.41 638,200
http://www.investorshub.com/boards/read_msg.asp?message_id=712920

Share price
Jan-27 -----------------------------------------12.41
April 27 90 days LATER ... fill in the blank- ---?
March 27 60 days LATER ... fill in the blank -----?
March 20- TODAY ---------------------------------20.15
stock closed ----7.74 higher in less then 60 days


Think about this
$25 is quite close by........a lot less then 60 days away IMHO.
Where can you get a 25% appreciation on an equity in less
than 60 days in this market...and feel like you can depend on
that and more.

There will be many IMHO who will recognize this.



BEST TO ALL
As always your comments and thoughts are much appreciated ............ Alley