InvestorsHub Logo

0nceinalifetime

04/29/03 2:25 PM

#21695 RE: sjratty #21694

The mention of a buyout wouldn't surprise me, the whole purpose of these "research reports" is to drum up interest in the stock. They are best used as a contrarian indicator.

I'll eat my monitor if Qualcomm buys IDCC (unless it's just a nuisance buyout).

Once

mschere

04/29/03 2:31 PM

#21698 RE: sjratty #21694

No because he works for an investment Banker..and that is what they do..Try to educate Qualcomm as to IDCC's possible value to them..More significant..is that as per Frank Marsala..NEC will pay IDCC $40 million in 2003 for royalties for their 3G license..NEC has a paid up license for PDC and PHS which currently accounts for the major portion of their wireless business.NEC has about 3% market share in WCDMA base stations and about the same in 3G handsets..but some conservative investors multiply $40 million by 20X..to determine the possible 3G royalty that IDCC will receive from 3G in the year 2005 ..when 3G starts to become a significant factor in mobile wireless..and then there is the factor of SOC income....