Replies to post #279165 on InterDigital Inc (IDCC)

[dndodd]

Ed this is when you have to use your brain and question statistics.

How can the book value be $2.90 and they have $10.00 in cash? With virtually no debt.

http://finance.yahoo.com/q/ks?s=IDCC

[The_Net]

Ed, I am looking for the undervalued stocks. Do you know any?

[glennymo]

really? gee golly whiz, great post, thanks for the heads up,
+1 MO.

[Gungrey]

Ed, what exactly is "tangible book value"? And please explain why it is $2 while IDCC has almost $10 per share in cash. tia


EDIT:
Oops! I just read other responses to you and realize that I posted a duplicate. My apologies.

[The Count]

Ed, why are you here?

I've chided others for ignoring any negatives and constantly trying to pump any situation. You are the opposite end of the spectrum. You look for anything you can say to denegrate, whether the comment is relevant or not.

Yes, your statement is technically correct, although you acknowledge that tangible book value doesn't matter. Obviously when one says "all indicators", they are going to be wrong, because there are many indicators that are inappropriate for a particular company and some that are so narrow that they are only should be used in conjunction with many other indicators.

So what is the point of your post? The point the poster was making is that IDCC is undervalued, based on funamentals and reasonable expectations for future revenues. If you disagree, go ahead and make your case. But to jump on an innocuous overstatement and use it as an opportunity to throw a meaningless method of valuation that is a ridiculous $2 a share shows that you have little interest in helping folks here understand IDCC. You seem to just like to run by, throw a stink bomb, and then run away and watch everyone fanning away your smell. Please find the maturity to just walk away. You won't add anything of value, even though you have the ability, so just leave us in peace. Please.