Talked to Jim Cramer at the national book festival in Washington, DC today for about 2 minutes. He said he is very happy that IDCC is doing well and he appears to be pretty knowledgeable with IDCC. Believes IDCC to be pretty similar with Qualcom. Believes IDCC is currently a hold. I asked him if he thought we might be $100 in 2-3 years. Only response was currently a hold. Glad to know the stock is on his radar screen and he considers it to be a local company to him.
Jim was polite, friendly and nice. He also said today that he is recommending the following stocks for what it is worth; Boeing, HP, AIG. He is bullish on stocks for the balance of the year. He is also going to change a stock he recommended last week as a buy to a sell since it has risen from ~$18 to $26 during the past week. Believe he said Kimberly Clark but not positive. If someone else follows his Thursday show they can correct the name of the stock.
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