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lastchoice

06/10/06 8:47 AM

#158233 RE: snowblow5 #158211

first, you wait. idcc would wait until they reached a rich valuation, (goog did theirs at $295, not too long after their ipo). once that rich valuation is reached, idcc takes all the shares they bought back, any insider's shares that wants to liquidate and maybe some new shares too. BS or some WS firm that wants to make nice, gets to run the offering. I used $60 as an example, but if things were great maybe it would be $80.

it's all hypothetical at this point, but idcc could add 500M in cash which is just like money.