The Count, I disagree with one of the points that you make. This is exactly the type of mind set that I was referring to in one of my earlier posts. Some of the share holders (maybe a lot) are under the impression that we went to 35 for no apparent reason and probably we went there just by fluke/sheer luck...if that is true...then one has to agree that IDCC doesn't have goods, IDCC is not guranteed to get close to 55 mil a year from LG alone for next 5 years, IDCC doesn't get anything else from other licensees, IDCC doesn't have any agreements with infineon and Phillips, and so on (list goes on). With this mind set, it is quite understandable that there were lot of profit takers the other day. The rise to 35 might have been a little bit faster considering the fact that the rest of the market was really shitty during those 2 weeks. But, I sincerely believe that IDCC deserved that price valuation and much more. I thought we were being recognized as a strong player in the market. When was IDCC given proper valuation in the past? IDCC got around 250 mill from NOK ($5 in cash), but, did it get that reflected in the share price at all. IDCC recognized the Panasonic moneys, did it get that reflected in the share price. This list goes on....my point is that we deserved every bit of that run up to 35.
Sadly, the manipulators had help from profit takers, short sellers, panic sellers.
GoodLuck All!
-vg_future