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jai

06/07/04 11:46 AM

#71855 RE: dmiller #71846

Volume, Volume and Volume.

Right now IDCC can not find any buyers. Probably because all the members of ihub are tapped out from all these buying ops we have gotten over the years. LOL.

Our last 2 analysts were very, very conservative Piper and Wells so I doubt whether they have had heavy duty buying from this coverage. If Fagan can take the time clarify the Sharp deal with quaterly number projections we may very well see this group buying. Whatever the number is we need for him to publish a range (is it $1 mil per quarter? $3 mil). That number will help boost the stock price. I'm guessing it should be in excess of $1 million per quarter. Piper puts this as 5 years worth or revenue. Have no idea where they got that number from.

Down slightly on low volume is never really a big concern. It means we are currently on the pay-no-mind list. If we were down on heavy volume I'd be concerned.