Replies to post #64502 on InterDigital Inc (IDCC)

[olddog967]

Alley: How did you feel in August of last year? Although you seem to sound a little negative now, looking back, that was the time to buy.

as I have re-read this over several times and I am feeling like I did in August of last year....

[BondGekko]

What is everybody still posting about, don't you guys get tired, this stock is dead right now, markets up big today and IDCC up a measly 47 cents

I am sticking with the stock, but I suggest for your own sanity you take a vacation from even thinking about it, right now nothing going on with this stock and don't see much going on for a few months at the least

[Dave Davis]

Alley:

I very much appreciate and agree with your analysis. I am not an expert. Nevertheless, my gut tells me that, at this point, the likelihood of seeing some choppiness and downward/sideways drift in IDCC and the market is much more likely than it shooting to the moon.

The things that have put me on the sidelines for now are 1)Spain/Al Queda/terrorism, 2)Yassin assasination/Middle East turmoil, 3)Taiwan election uncertainty, 4) uncertainty of U. S. presidential elections, 5)slow job creation, and 6)skyrocketing housing prices (out here in California anyway).

These combined with the amount of time between now and January 2005 make me think I can increase my number of shares if I am patient.

I have been in this stock a long time, and I have seen the price go down to levels that were unconscionable only months prior. I think that can happen again. Yes. There may be a significant new license, or a surprise settlement. But, based on my experience with IDCC, those are not likely in the short term.

I can envision the stock going into the 13's with a little bit of choppiness in the market, perhaps even down to the 11's. Depending upon the circumstances at the time, I would probably get back in at those levels.

JMHO. Thanks for your posts.

[GE_Jim]

Ok thoughts and comments.

Since you used in a nutshell. We'll address that only.

Momentum. Were following the NAS as you mentioned. Inc chart.
Last four days is the focus point. Monday the gap down. Followed by Tues. leveled Wed. the doji switch. Thurs. the gap up to about where Monday started. Trend line broken. Wouldn't this be positive momentum?

http://stockcharts.com/def/servlet/SC.web?c=$compq

News. Sierra only for March.

Expectations have been lowered perhaps but not to the point of keeping this down at 16. Regarding uncertainty the recent 10k to me was very clear and clean. They have gotten rid of the stuffing they have been using and added some real meat.

The jury is out on mid term view of the markets Next month the earnings comes out. Very few pre earning warning releases so far. Companies over all are certainly making more money than last year this time. The future based on the over all comments looks positive as well.

IDCC also included a quick chart. Again we see an about the same as in the Nas.

http://stockcharts.com/def/servlet/SC.web?c=idcc,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&a....

RSI is coming up but still at oversold. Getting a hook on the MACD. And we also gapped Monday with the NAS. The A/d line was 10 to 1 Monday. To make it simple almost everybody gapped down. BTW IMO without the NAS influence we would have leveled off at 17.

RE we will need some strong positive news IMHO to reverse this current trend.

Disagree unless you're talking about going back to 27. Were over sold. So is the NAS. Go back to the NAS chart and read the double bounce at the 30. Too soon for me to throw any firm numbers out as I have not studied all I would need too. However, for fun and a guess from the quickest of glances, a move back to the 19 to 21 area and a holding pattern until something moves it out. Or in other words as before. The gap that is just above these numbers is interesting as well, don't you think.