longball $100 remains conceivable
You posted:
Bill Dalgleish One year ago you anticipated IDCC stock price could conceivably hit 100. What do you predict now.
To reach $100, "all" IDCC has to do is demonstrate that it is collecting one-half percent royalties on 80% of all 2G, 2.5G and 3G wireless devices and infrastructure worldwide.
I believe that goal is doable, given what is public knowledge about the market and about IDCC.
Of course, I can't guarantee it will be done.
This stock remains the best risk to reward play I have ever studied.
The Nokia 2G arbitration is important.
Triggering Nokia's 3G rates will be important.
IDCC's successful challenging of Nokia's post 2006 litigation in federal court in Delaware is important.
If the pieces all fall into play, $100 may be a low ball estimate.
It won't happen tomorrow, of course. But I've been waiting ten years and I can wait some more.
I tried to buy more shares this morning, but the price has eluded my limit buy target.
Good investing!
Bill Dalglish
(our branch of the Dalgleish clan dropped an "e" in our name. Us lads all wore kilts to my nieces wedding this summer)