InterDigital Inc (IDCC)

[wilco24]

Old news but I had not seen this posted as yet.

Zacks Issues Buy Recommendations on the Following 4 Stocks: InterDigital, Quiksilver, Ball Corp., and United Online

Businesswire, Tuesday, March 25, 2003 at 06:02


CHICAGO, Mar 25, 2003 (BUSINESS WIRE) -- Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Ranked list which has produced an average annual return of +33.6% since 1988 and has gained +13.3% annually since 2000 as the markets have been tumbling down. Among the #1 ranked stocks today we highlight the following companies: InterDigital Communications Corporation (NASDAQ:IDCC) and Quiksilver, Inc. (NYSE:ZQK). Further they announced #2 Rankings (Buy) on two other widely held stocks: Ball Corporation (NYSE:BLL) and United Online, Inc. (NASDAQ:UNTD). To see the full Zacks #1 Ranked list or the rank for any other stock then visit. http://www.zacksrank1bw.zacks.com

Here is a synopsis of why these stocks have a Zacks Rank of 1 (Strong Buy). Note that a #1 Strong Buy rating is applied to 5% of all the stocks we rank:

InterDigital Communications Corporation (NASDAQ:IDCC) develops and markets advanced digital wireless telecommunications systems using proprietary technologies for voice and data communications and has developed an extensive patent portfolio related to those technologies. The company's subsidiary, InterDigital Technology Corporation, entered into worldwide, royalty-bearing license agreements with Telefonaktiebolaget LM Ericsson and Ericsson Inc. (Ericsson) and Sony Ericsson Mobile Communications AB (Sony Ericsson) for sales of terminal units and infrastructure products compliant with Second Generation (2G) GSM/TDMA and 2.5G GSM/GPRS/TDMA standards. The company called the deal an 'important accomplishment' and a milestone event. In addition, the company put together a +170% earnings surprise in its most recent quarterly report, with a profit while Wall Street was expecting a loss. Estimates for this year have moved forward in the past seven trading days. An investment in IDCC may help your portfolio communicate with solid returns.


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