InterDigital Inc (IDCC)

[blueskywaves]

Okay, Once/Bux, we now have you on record that IDCC's downtrend started on March 26, 2003. LOL. A 4-freakin-day downtrend.

Talking about downtrend, do you realize that since the first trading day of 2000, QCOM has been on a relentless multi-year decline characterized by very heavy insider selling and, surprise, improving fundamentals.

Pop quiz hotshot: QCOM (market cap of $26B) has posted a negative stock return in 4 of the last 5 years. IDCC has (market cap of $1.1B) posted a negative stock return in only 1 of the last 5 years. Which company is on a major technical downtrend?

 
              QCOM                 IDCC 
 ... 
 .. 
 . 
 1998      $ 12.95   -           $  4.56   - 
 1999      $176.12 (+1,360%)     $ 75.00 (+1,545%)        
 2000      $ 82.19 (-53%)        $  5.41 (-93%) 
 2001      $ 50.50 (-39%)        $  9.70 (+79%) 
 2002      $ 36.39 (-28%)        $ 14.56 (+50%) 
 1Q03      $ 36.00 (- 1%)        $ 22.63 (+55%) 
 . 
 .. 
 ... 
 Note:  Based on end of quarter/year prices. 
 

By the way, IDCC tripled from $25 to $75 during the last week of the 1999 T-A-X season. Many of the IDCC shareholders like me who accumulated their stock in the $5-$10 range sold all or part of their holdings during that late 1999 run-up with many more selling during the first week of the 2000 T-A-X season when IDCC ended the week at $52.

And you're bragging about calling the decline of IDCC at $36.38 when the entire US stock market was in the process of collapsing? LOL. You were late as late can be.

You were wrong about QCOM and IDCC then and you are wrong about QCOM and IDCC now. How many times can you be wrong in your imaginary world?

LOL.