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sonetirot

03/07/07 12:01 PM

#179476 RE: Ellix #179474

I believe IDCC could buy back at certain percent of market volume plus some restrictions and between certain time (10:00 am - 3:30 pm).
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revlis

03/07/07 12:09 PM

#179477 RE: Ellix #179474

Ellix,

Even if there is pending news the buyback would be allowed, imo as long as the broker is not aware of the pending news.

mo
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The Count

03/07/07 2:09 PM

#179488 RE: Ellix #179474

IDCC buying back at these levels

If IDCC is temporarily propping up the price with the buyback, it would make sense to step away for a little bit and let the price come to a lower level where they can pick up more shares for the same money. The risk is that they sign another major license before they finish the buy back. I trust the company and their agents have a plan of action for different price levels and are doing what they think is best to acquire shares as quickly and cheaply as possible.