InterDigital Inc (IDCC)

[sonic22]

Trading doctor,

I don't think anyone knows any inside information. I myself have been wondering why were at 52 wk lows. One thing to consider is were doing about 60 million in expenses a qtr and guidance for recurring reve was 53-56 so were basically at a break even amount for quarterly rev. I expect Q1 and Q2 to move up from the arbitrations but even if we get to 65 million qtrly revenue that is still just a pince above break even. The market has always wanted recurring rev with IDCC as the 1 time bump ups skew the #s.

I will say though after June's decision by the commission I thought IDCC held up very well and were still in the low 30s. I can remember when we would drop back into the high teens on a decision like that. We basically have all the rest of the majors in some form of litigation and we need something to break one way or another which is why the Dec 19th commission review decision is extremely important IMO. Reversal of infringement will get the players to sign, kicking it to the CAFC and it will be more delays and years in litigation.