Fish
Just how much back money alone do you think is owed to IDCC?
My opinion is over 3 billion. Then you add ongoing royalty
payments and a $75.00 bid would be a damn insult. A takeover
price would be in the $250.00 range or more. The company is
worth that.
If they collect the back money which they most likely will do
they will reduce the share count a lot. We most likely will
get a big one time dividend and a increase in the ongoing
dividend. At sometime people have to see the future and stop
being so negative and dwelling on the past performance. This
is not your old IDCC, they are now better positioned than ever.
They in my opinion have Microsoft by the balls, and they settle.
Nokia will also sign a new license agreement, and the dominoes
will all fall and the bank account will explode.
Apple at some time another has to either get their contractors
to license or a suit against Apple will be filed for selling
unlicensed products and there can be no question in any court
that Apple is using IDCC technology in their products. Go to
court with that and try to win.
Management will never ever sell this company for anywhere
under $100.00 for damn sure, and not sure if they would
sell for under $200.00 as it would be giving it away.
JMO
Mickey
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