Replies to post #333384 on InterDigital Inc (IDCC)

[flyboy69]

Look, I just don't see how $6 Billion is reasonable in this war-like patent environment. Nortel's 6,000 patents sold for $4.5B. If just comparing apples to apples, IDCC has 8,800 patents with additional 10,000 pending. That's 3x Nortel which were 3 years old and only 3% LTE. The direct comparison would be that IDCC is worth 3x Nortel, or $12.5 Billion. Many analysts, as well as Merritt state confidently that IDCC pool is "deeper and stronger" than Nortels.

Then add on top of that 180 working engineers, seats on the standards bodies, M2M, video compression, etc. I don't see that $100 bucks a share (4.5Billion) is going to stand. The bidding may start there, but I see it quickly escalating into MPartners range of $118-$167. Apple alone can save $3 to $10 Billion by owning IDCC's patents for the next few years.

[frobinso]

As far as sensing the market does not believe in IDCC based on recent price, we are still in a summer pullback that is impacting the entire market indexes and that has occured at this time during the summer every year for years, followed by a rally in the late Septemer/Oct timeframe. You shouldn't try to apply this stock price action as telling you ANYTHING about what IDCC is being valued behind closed doors in an Auction type setting,as if the efficient market theory really applies here. ;-)

We are in a really nice spot, at a really nice time. IDCC could not have timed it any better. I particularly whish they had not taken a breather till after labor day. I still consider that one a rumor too, and for all we know someone said that to quell the flying of rumors while they proceed to hammer out deals behind closed doors.

A deal could be announced at any time IMO