Replies to post #23218 on Qualcomm Inc (QCOM)

[JeffreyHF]

O.K., assclown. Let's get a few things straight, and then I'm done with you forever. Since you are so keen on what "the market" is saying, now that IDCC stock has momentum money propelling it to a post-December 1999 high, here are the facts. IDCC has a float of 44.32 million shares, compared to QCOM's 1.64 billion. That means that every dollar of IDCC is worth $44.32 mil, while every dollar of QCOM is worth $1.64 bil. On the day you posted this juvenile taunt, both stock prices were essentially the same, but the market assessment of Qualcomm's value was $92.39 billion, as compared with InterDigital's $2.49 billion. Since that day, QCOM has gone up $1.39/sh, while IDCC has declined $.85. Current market caps are $94.68 bil for QCOM, compared with $2.46 bil for IDCC. So since your recent puerile post, Qualcomm has increased by approx. 1 IDCC market cap.Here's a little math problem for you - how many points would IDCC need to add, in order to reach QCOM's current market cap? That's what would be needed for "the market" to value both companies the same.
As for 4G, for over a decade you claimed that IDCC would eclipse QCOM in 3G. You were dead wrong. QCOM signed all 3G vendors, on the infrastructure, chipset, and device levels, and IDCC wasn't able to get more than 50% of devices, and at a far lower rate. In 4G, Qualcomm has signed 9 stand alone 4G vendors, who make no 3G products, and has signed 4G extensions with all Tier 1 vendors, and many smaller companies, at a rate in excess of 3%.InterDigital has had the same sort of difficulty in getting 4G licenses, as it had in 3G, and the rate is obviously far less. It is both the ease of getting licenses, and the terms, that determine the relative strengths and weaknesses of their respective portfolios.
Don't get me wrong - IDCC is a great small float stock to own. But you are delusional trying to compare the two companies.
On a personal level, since for well over a decade you have shown us who you are, you are a bad guy. Why have you chosen over the years to show up on QCOM boards with taunts and trash talk? You have never had an intelligent post on the IDCC board, and have never owned QCOM stock. It's xenophobic tribalism with you. Bad karma. I, on the other hand, own both companies' stock, and am happy to have both making money. Bye bye, dolt.