<<It appears telling investors that you cannot license 50% of the market, and the 50% you have licensed are fixed fee is not good for the stock price.>>
That's what creates a bargain.
I bought big into Qualcomm during the Apple litigation - lot's of chances to buy in the 50's and even into the high 40's at certain times.
QCOM is now 77.50 - that's a big deal for me.
If some think that IDCC's patents aren't worth licensing, then it shouldn't be bought. But I think that the Chinese will have to settle once the trade dispute gets worked out.