Replies to post #301506 on InterDigital Inc (IDCC)

[bentshingle]

I have also reallocated a lot of my funds from rmbs over to idcc. After reading Danforth's post and seeing the weak move today from the Elpida signing and the rates they're apparently paying- gee I hate to post anything negative over there on the rmbs board but that is an increasingly discouraging situation. I'm wondering if I should have any money in rmbs at all. long sad road

[NukeJohn]

I try not to give advice on Portfolio Management. At any point in time virtually anything can happen to just about any stock and to the overall market as well (ie 9/11 terrorist acts).

However, I think IDCC is about the most undervalued stock I have ever encountered. They have $13/share cash in the bank, they are earning $3.50/share and they have IP that covers the 3G market, the M2M market, the LTE/4G market, and they have IP that can assist carriers in solving the bandwidth crunch. I personally don't see why IDCC isn't selling in the low 50's right now.

Take that free opinion for what you paid for it.

NJ