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Data_Rox

05/01/08 1:30 PM

#218407 RE: mschere #218386

yup - and at 35% coverage of that market (176M out of 502M)...

at $2 per device that makes....$352M in just 3G IP revenue not including any new licenses (and assuming existing licenses maintain their share)

the average of analyst estimates for IDCC revenue this year is $233M.....



JD GATOR

05/01/08 1:41 PM

#218412 RE: mschere #218386

So, let me get this straight. Assuming the same 1.28 Billion phones next year as this, what should IDCC shares be worth if we get 50% of the 3G market signed by then?(already have 35%):

1.28 Billion X 45% (# of 3G phones sold)= 576,000,000
576,000,000 X 50% (IDCC market share)= 288,000,000
288,000,000 X $2 (IDCC's per phone royalty)= 576,000,000
576,000,000 / 45,000,000 (IDCC aprox. shares)= $12.80 EPS
$12.80 x 20 (conservative multiple)= $256 !!!!!!!!!!!!

Yes. That is if we never get nok/sam signed!

Sure, not every penny going to bottom line. However, no reason to believe we won't have a higher multiple, and did not account for any potential chip revenue.

Hey shorts! Keep bashing management and our legal system. All longs who are wavering because of the litigation delays- Stay the course. We will be richly rewarded, sooner, rather than later. IMHO