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dmiller

08/19/09 2:27 PM

#268337 RE: amrwonderful #268325

The 8 million+ shares traded since Monday pretty much at these levels definitely confirms what you said.
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slacker711

08/19/09 2:41 PM

#268341 RE: amrwonderful #268325

is IDCC's shareprice fairly valued at this time due to last Qs earnings and next Qs projected earnings?

Personally, I think that IDCC is in the right range in terms of valuation. Yes, its PE is very low, but until IDCC shows that it can sign long-term contracts, the market isnt going to give its shares any kind of premium. They will be priced as if earnings are going to fall off a cliff in 2011....which they will unless Nokia signs or LG renews.

Its still a very digital outcome for IDCC....they win a reversal and the stock sees earnings and PE expansion. If not, I think the shares are dead money until sometime in 2011.

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jeffree

08/19/09 3:25 PM

#268353 RE: amrwonderful #268325

Fairly valued...???


Hell no...!!!


But fundamentals do Not matter This week...
After all, its options expiration Friday, and the MMs will likely close the price where they want to ($22.50...???)

Next week will be different...
Fundamentals Will matter...

Someboady is buying up a lot of shares this week, as somebody else has been selling...


my "fair value" price, on a Very Conservative calculation is $27+...


Everyone must decide for themselves whether today's price is "too high" or "normal" or a "bargain"...


...jk...