Fish
IDCC has been inventing and patenting wireless material for
40 years. They have licensed some of the biggest names in the
business at one time or the other. They presently have a court
decision over ZTE, and arbitration going on with other
companies. Nokia licensed 2G and paid, and do you remotely
think the same company you had to license 2G from and has licensed
3G and 4G to major corporations think that Nokia has worked
around or just flat out don't owe IDCC? Nokia is facing
some serious money to pay or rather Microsoft who assumed
the liability and lucky for IDCC has plenty of money to pay.
What makes you think that all of these companies will continue
to fight and not pay when every day now almost better things
are happening that point to all needing to settle and pay or
maybe confronted with sanctions and injunctions.
If you don't think IDCC will hit $200.00 a share you are in
my opinion going to miss a hell of a lot of money by selling
early. The dam is about to break and deal after deal should
be forthcoming, and IDCC doesn't pay 50% of profits to the IRS.
You have a company with lots of cash and more coming in and
buying stock back reducing the float. Why would they be
spending their money on buy back if they thought things was
not looking great?
My suggestion is not only hold but buy the hell out of the
IDCC stock as it is cheap right now.
JMO
Mickey