InterDigital Inc (IDCC)

[blueskywaves]

Bux, Bux, you keep on denigrating IDCC but when confronted with the cold hard facts you run away like a scared pussycat.

From 1995 to 2002, IDCC generated nearly $400M in royalty income and ended 2002 with cash/investments of around $88M.

That's a cumulative total of $7.14 per share in royalty income from 1995 to 2002 resulting in $1.57 per share in cash/investments at the end of 2002.

By the end of 2003, it is highly possible that IDCC will end the year on track to generate $800M-$900M in royalty income from 1995 to 2005 with cash/investments of at least $400M.

That's a cumulative total of $14.29 to $16.07 per share in royalty income resulting in at least $7.14 per share in cash/investments by the end of 2003 or early 2004.

Notice something? Thanks to the ERICY settlement, IDCC is now poised to generate at least 2x the royalty income in the next 2 years than the last 7 years while increasing cash/investments by a factor of 4.5x!

Not even QCOM has generated the equivalent of $14.29 per share in royalty income so far. That's the equivalent of $11.4B in royalty income, by the way.

Shareholder value is best measured on a per share basis because each share represents a proportionate claim on the business and its cash flow. By that metric IDCC compares very, very favorably with the leading IPR holders like IBM and QCOM.

Most importantly, IDCC is still only a $1B company and the company and the stock certainly have more room to grow. And that must really eat away at you, gnawing away at your psyche, turning you into one of the most petty and intellectually dishonest characters I have ever met. How else does one explain the fact that after more than 4,500 posts on the subject, you have been consistently wrong on this stock?

LOL.