I gather you have been hanging around jimlur's thread,no?
The case Interdigital makes against Ericson goes back a long way. I believe a similiar case involving Motorola in '95 went bad for IDCC. The stock was trading around 3.50 in November 1994 and ran a little over 12 by Janurary 95 until the news hit the street and she came down.(from what I remember and this could be bad info)
Point is,the stock has been a hyped up bag of wind for some time. Bottom line now is the balance sheet coming together and the outlook going forward is very bright. I would not put too much emphasis on the litigation involving Ericson in making a decision on weather to buy or not to buy here. If the case is decided in IDDC's favor,the more the better. The stock will run hard! Many more chip makers will sign on increasing their revenue stream. Their have been others who have infringed on IDCC's patents who will come on board and settle too. The case is huge but must be weighed carefully. Ericson's survivability is questionable leaving a clouded picture on the viability of any awarded payments should they lose. What you might see is a settlement between IDCC and ERICY and maybe soon.
I hold a core position in my ROTH,but do swing trade here and their in my "fun account",lol!
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