Replies to post #432092 on InterDigital Inc (IDCC)

[tnyellowtomcat]

All,

If earnings and fundamentals continue to improve, and the word gets out about IDCC being a stock of the future, etc. then the buying and investing interest may outrun any bond conversion dilution, and the stock may go higher. Perhaps significantly higher.

Cramer is right - IDCC is undervalued! Its current P.E. of 15 is way below the NASDAQ P.E. of 26.

To be valued at the average NASDAQ P.E., IDCC should be selling for $188 per share!

IMHO - Tomcat

[vegas options]

jealmc79, IDCC started 2023 with 30.7M shares as of November 1 the share count was down to 25.4M. They bought 2.7M+ at $73 in the Dutch Auction. The 5.3M shares that they bought most were bought below $90. If all the 2024 warrants are exercised and include the hedge money IDCC will receive about $285M. They will have to issue about 3.8M shares. Do you now understand why they increased the buyback to $300M and continue to buy?