Replies to post #53757 on InterDigital Inc (IDCC)

[Twiceinalifetime]

GeJimmy, your math is a little strange. IDCC grew by approx 40% so far in '03.

IDCC Close 12/30/02 = 14.89
IDCC Open 01/02/03 = 14.65
(Not traded 12/31/02 or 01/01/03)

IDCC Close today = 20.77

20.77 - 14.89 = 5.88
5.88/14.89 = 39.48%
or
20.77 - 14.65 = 6.12
6.12/14.65 = 41.77%

Maybe you're making substantially more money than you are aware with your investing prowess. Good luck in the New Year.

[goblue]

ge_jim, what analyst in their right mind would set such a high price target for ANY company after the popping of the internet bubble, the blodgett/grubman/other analyst scandals, etc??? its definitely not 1999 anymore.....i dont fault any of our analysts for covering their arses.

and lets assume nokia/samsung comes to the table paying what they shouldve been paying all along.....thats an extra $2-3/eps right there....can you explain how "Investors will be breaking their own arms hitting buttons to sell this at 35" like you say? a PE under 10 is utter nonsense.....last time i checked, idcc was not a public utility co.....

[olddog967]

GE_Jim: As with any comparison it can vary according to the period used. If you use two years, NASDAQ is about even while IDCC is up about 100%.

[BondGekko]

gejim i have 2 years on the options, not worried at all, reaching 35 will happen this spring let alone 2 years, like i said before the analyst price means nothing negative or positive, yes it does hype a stock but does little for long term value, if they produce the news the price will rise regardless of what an analyst say

I agree with you about this year, many of the stocks i follow are up 6 times this year, obviously nokia threw a big monkey wrench on the stock price, that is a laughable statement you made about selling at 35 that will be proven wrong in time, this stock reached 28 just on the promise of the nok deal, it was headed to that level and would have trumped it if not for the nok arbitration announcement. Doubt very highly that a stock that was up 25 percent held the Nasdaq back, this ain't the Dow, don't know how much this one company influences the overall Nasdaq.

Tell me somthing what analyst even was aware of this stock before December 1999, you put too much stock in them, which analyst had RIMM at 65 this year, which one had PALM at 27, which one had XMSR at 27, which one had SIRI at 3.08, again does not mean a thing what they say

If IDCC does not get over 35 by Jan 2006 you win and I will call you the King from then on, if it gets to 50 anytime before that I win and I win big and it would be a nice present for this grad student, good luck

[BondGekko]

Gejim interesting that you mention that even with a Nokia settlement we can't get above 35, I will be watching that closely