Replies to post #327984 on InterDigital Inc (IDCC)

[bim524]

did everyone forget that barclays holds ex. warrants at 66+?

do you really think that will say that 75 is a fair price if there is a sell.

i doubt it.

[ellismd]

I betcha Barclays has a lot of influence on what the final price will be and I can tell you based on the warrants they have it will be higher than 75.

[zombywolf]

Count,

I cant see many sane shareholders voting for a buyout about half the price Nortel patents went for recently (less cash). At $100, you might see some action, $150 probably, $200 definitely.

[JimLur]

The Count,

We will all take $75

If the BOD of IDCC presented an offer of $75.00 to the investors for a vote and reccomended taking it I would.

If they also reccomended not taking the offer I would also vote with them.

JMO

[Fog1937]

Look at the volume traded over $70/share!
Many of the institutions who were sitting with the 'big' profits most likely pulled their trigger already.
Now we have lots of owners of IDCC stock sitting with a boggie above $ 70 /share and are not 'waiting' for a nickel or dime to get out.

Children get real and get out of your sand box!

[frobinso]

I would not vote for $75 as it would be giving away the farm.

It may make good headlines that Google ran to cry foul with the DOJ. In my opinion, with Apple holding a fixed rate license with IDCC that must be renegotiated, likely to a per unit agreement, while Google holds no license with IDCC, Apple has more valid economic reasons to cite to the DOJ than Google does for bidding on IDCC. Google's attempt to hamstring their competition will fall on it's face.

Anti-trust claims might be brought by one company against another after these rare jewels coming to market are in the hands of others and they do what they may, but I don't think the DOJ is going to put IDCC into a sole bidder position, or get involved in any capacity that makes Nortel into an anomaly instead of a trend, or bar Apple from bidding in some fashion on the assets of IDCC if they have an interest in doing so.

They might even require them to bid and bid high so that Apple will have less cash than the U.S. Treasury LOL

Regarding the hit piece article (or whatever) w/the unnamed lawyers....I personally do not feel that China, Samsung, or other non-U.S. companies will be barred from bidding either, as I do not feel sale of the portfolio reaches into the area of our national security as much as the sale of the management of six U.S. ports to a Dubai company, (apples and oranges) and with the committees primary concern being over OPEC-country related investments historically and we are talking about telecommunications where all these various companies already take part in the various standards bodies.

Certainly China, who has openly postured their ownership of the TD-SCDMA as their own countries standard could step in and perhaps make it nearly true by bidding on those patents of interest and might pay a very high price for them. This would actually add to their standing as being an act in recognition of Intellectual Property, and China could use a few good gestures like that. A Chines-controlled companies would favor this over an investment in treasuries right now, I can assure you.

If the Committee of Foreign Investment in the U.S. did happen to get involved I think it would attest to a very high valuation on the portfiolio.

I took a qoute from the following article on our current administrations view on direct investment.
http://www.fas.org/sgp/crs/natsec/RL33388.pdf


"There have been few policy statements by the Obama
Administration in order to assess its approach to foreign direct investment, but the Administration seems supportive of a free flow of direct investment."

[zdog]

Count,

The key is having multiple bidders for IDCC

You are exactly right. If we have multiple bidders we will find out
what Interdigital is worth.

I used to go to the thoroughbred racehorse auctions where some
people had a lot of money. If the horse was the real deal, it went
for a high value. I am hoping Interdigital is the real deal. It seems
like the right time and place. It is all dependent on how appealing
owning Interdigital and their technology patents is to the handset makers.

Zdog

[dndodd]

Who is we? Not me!!

Please speak for yourself and maybe just to yourself.

[Rmel26]

Even if GOOGLE is the only one to bid, it will still be a substantial amount for the following reasons:
1. Google would have no idea that they are the only one to bid and will be taking a big risk again with a lowball offer
2. IDCC could just reject Google's offer, and Google will be back to square one.
3. Google cannot risk a company buying a huge stake in IDCC. Imagine APPLE, instead of buying IDCC outright, buys a 35% stake in the company.

My one concern is that Apple or an Apple led group may face antitrust issues in light of their purchase of the Nortel patents. If they are buying it to prevent Google from getting cross licensing power, the DOJ may step in. Take Apple out of the equation and the bidding war doesn't look nearly as explosive