Replies to post #357137 on InterDigital Inc (IDCC)

[olddog967]

Gungrey: You keep referring to IDCC’s large “cash” position in relation to the stock valuation

As of 31 March, IDCC’s cash (Cash and cash equivalents and short-term investments) totaled $616 million. If you subtract the $230 million that is owed on the 5 year note, there is only $386 million remaining. This is 32% of the current market cap of approximately $1.2 billion, not the 40-50% that you post

Although that is still a significant amount, the problem is that without some major new licenses or patent sales, the company is burning up their cash at an alarming rate. During the 1st qtr 2012, even after excluding approximately $30 million for stock buybacks and dividends, approximately $35 million was used for operating expenses and obtaining patents. That is why the company has been stressing the attainment of a positive cash flow as a major goal.

[dmiller]

The irony of some peopple jumping on every post of mine when I was ridiculing mgt 3 months into the SA because something didn't smell right, yet it's the bagholders who are doing most of the whining now. A little more listening and a little less having every last word would have kept more money in your pocket.

Hey, what happened to rommy?