InterDigital Inc (IDCC)

[nieves]

52W HIGH: New 52-Wk High for IDCC @ $24.420 up2.09% [delayed]
Ridgeland, MS, MAY 12, 2003 (EventX/Knobias.com via COMTEX) -- This is the 2nd 52 WEEK HIGH alert for IDCC in the past 7 calendar days.
The share price for Interdigital Communications Corp (NASDAQ NM: IDCC) reached a new 52-week high today, trading at $24.420, up $0.500 (2.09%) from its previous close of $23.920.
The Company's previous 52-week high of $24.410 was set 5 days ago on May 07, 2003.
One year ago, the Company's shares closed at $12.360. The price has climbed more than 97 percent since then.
At the time of this alert, the stock had traded 162,700 shares via 534 trades, 75.05% below it's 20day average of 652,210 shares.
This new 52-week high currently puts the stock:
11.88% above its 20day Moving Average of $21.827
24.92% above its 50day Moving Average of $19.548
44.79% above its 100day Moving Average of $16.866
The Company last released news on May 07, 2003:
"InterDigital Executives to Speak at Fifth Annual U.S. Bancorp Piper Jaffray Technology Conference in New York"
INTERDIGITAL COMMUNICATIONS CORP
InterDigital Communications Corporation specializes in the architecture, design and delivery of wireless technology and product platforms. The Company develops advanced wireless technologies and products that facilitate voice and data communications. In conjunction with its technology development, the Company has assembled an extensive body of technical know-how, related product embodiments and a broad patent portfolio of Time Division Multiple Access (TDMA) and Code Division Multiple Access (CDMA) patents, which its licenses worldwide. The Company markets technologies and solutions primarily to wireless communications equipment producers and related suppliers. These solutions are embedded into products targeted for the following wireless telecommunications applications: mobile phones, personal digital assistants, mobile computing devices, other terminal-end wireless devices, base stations, and other infrastructure equipment.
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SUBJECT CODE: 52-Week High