Take one of the worst numbers $400,000,000 Gross Margin at 50% Market Share at $1.00 Phone. That is $8.51/share in Gross Margin in 2011 - 4 years away. Remember IDCC already has 30-40% of the market licensed in a market that has a very high growth potential.
Hard to believe the market won't catch on to the long term value IDCC has especially IF IDCC reaches their goal of 50% or more of the market licensed in the 4 months.
If what management is saying comes true the stock will be very undervalued at $50.00.
Had IDCC since 2000, so would not want to settle for anything less than 70. Money out of circulation, is money wasted unless the payoff is worth it! Shirley