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