Replies to post #281310 on InterDigital Inc (IDCC)

[dndodd]

This isn't a market for Rockets like 1999.

We currently have P/E of 22 if IDCC maintains that and grows earnings to $6.00 in the next 2 years(which is very do-able) it is not a moon shot but I can live with $132.00.

A moonshot by my definition would be a P/E of 50 which would yield a $300.00 price.

[mickeybritt]

robjer

How about this P/E to dispute your analysis, this no later than todays price and P/E.

QUALCOMM Incorporated(NasdaqGS: QCOM)
After Hours: 48.555 0.15 (0.30%) 5:40pm ET

Last Trade: 48.70
Trade Time: 4:00pm ET
Change: 0.21 (0.43%)
Prev Close: 48.49
Open: 48.88
Bid: 48.79 x 800
Ask: 48.99 x 100
1y Target Est: 50.72
Day's Range: 48.23 - 48.95
52wk Range: 32.64 - 49.80
Volume: 12,426,639
Avg Vol (3m): 15,043,000
Market Cap: 81.34B
P/E (ttm): 51.16
EPS (ttm): 0.95


Mickey

[dclarke]

Can you please define "moonshot" in terms of % gain over what time period? I will not rule out a large price increase in a short period as gross margins are 100% so a new large license such as Nokia would increase earnings and the confidence in the revenues going forward could expand the PE 3x at the same time. Additionally with a large cash pre payment the stock would rise dramatically in short order. Not sure that idcc compares to many telecom stocks in general either.

Dclarke