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BondGekko

11/17/04 2:39 PM

#84553 RE: Corp_Buyer #84552

yeah i agree, we have to think about this rumor and who this rumor benefits and why, did nok put this out there, did idcc's people
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twelvebees

11/17/04 3:01 PM

#84558 RE: Corp_Buyer #84552

IDCC is vulnerable to takeover offers from others besides Nokia. $150 million in the bank and the prospect of $300-400 million from arbitration plus 3G growth and Gov't contracts makes for a tempting target. IDCC will have to defend itself.
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glennymo

11/17/04 3:18 PM

#84572 RE: Corp_Buyer #84552

i would say that 35 is low if you were trying to buy the whole company. but what if you had bought 5% on the open market and wanted another 5%? would you pay 35 for a stock that had been stuck in a trading range of 16 to 17 for months? probably if u thought it was going higher. how many shares is 5%? would it be in the companies/shareholders interest to buy them back at a 17.5 cap in order to close the deal?