InterDigital Inc (IDCC)

[linedrivehitter]

L2V, RIGHT ON! Way too many negative posts. Many posts are not necessary and add nothing of substance. Since we are all waiting for news and the earnings release, I think many are finding it hard to be patient.

Newbies: This stock should move into the high 20's up to maybe the mid 30's after earnings are announced. We also expect goals for this year to be announced and some guidance as to future revenue, this year and beyond. IDCC has recently settled a dispute over patent rights which not only netted them 34 million from Ericcson but triggered payments from other companies, including Nokia and Samsung. The settlement also paved the way for ongoing licensing with Ericcson and others, for third generation (3G) wireless technology.

After the settlement, IDCC provided some guidance as to future revenue but none has "hit the books" yet. We will see some revenue revealed when earnings are announced in 9 days. Many anticipate some sort of announcement about new licencees or some other positive news before earnings are announced.

IDCC should go nowhere but up in the coming years since 3G service is in it's infancy. We expect increased institutional ownership and analyst coverage to go along with very favorable earnings. This should lead to an reasonable P/E ratio, which IDCC has not had in the past. Then and only then, a fair stock price can be projected by using earnings and a P/E ratio.

IDCC is cash rich and has no debt to speak of. All of the above make it the best investment any of us know about. If you don't own IDCC now, BUY IT QUICK because the price is only going up.

JMHO