Replies to post #293302 on InterDigital Inc (IDCC)

[vg_future]

My theory is not hope based....I am basing it on the fact that IDCC successfully signed new and renewal licenses after NOK setback. As I mentioned earlier, this whole "LG fear" was started by few posters and analysts and it has gone to an extent that one of the analysts is doubtful that Samsung would re-sign and accounting for that in the price projection model....wouldn't that be a stretch...is that belief or fear?
I understand that investment has to be fact and research based...and hence it should appliy to both sides....hopefuls and scared ones....I would add (for the sake of few noted members on this board) even manipulators.

JMHO,
vg_future

[dclarke]

Count, it is not a major risk to the share price when it is already priced in. IMO, the principal reason we are at such a low PE is that the market is ALREADY discounting the LG revenues going away. Maybe I am an ostrich, but it looks like by the time we would actually show the revenue fall off we could still be over $300m in annual revenue, without any new licenses between now and then. Do you think the market will then take us down to a 5 PE? Our enterprise value is currently under $600m, maybe the market will value the enterprise at $300m? Put me in the ostrich camp but I am fully aware of the LG situation and still think we will be higher than we are today even with an LG fall off next year. This last quarter put a big hole in the sophisticated investors non-ostrich LG theory IMO. Have a great weekend.

DCLARKE