Replies to post #118326 on InterDigital Inc (IDCC)

[william_wallace]

I think he screwed that up too. He took about $80 million of the award and allocated it to the 2005 revenue to arrive at the $.94 in EPS. Got that, cool. Then he takes the current cash balance and comes up with the $2/share. He forgets to account for the rest of the cash from the award that should add about another $4/share in cash. I think his Price Target should be closer to Scott's at about $29 - $30/share.