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The Count

04/30/03 9:33 PM

#22078 RE: teecee #22064

Cool, I'm thinking 5,000

I'm going to have to analyze it over the weekend, but before I go to the trouble, here is specifically what I am proposing, assuming we agree to options controlling 5,000 shares.

A contract granting me the option to buy 5,000 shares of IDCC at $60.00 per share any time between now and April 30th, 2013. I will pay you $5,000 now and you would be required to maintain a position of at least 5,000 shares in a joint account for the duration of the agreement. We split the cost of the attorney that draws up the contract.

So are you willing? Off the top of my head, I think I'll do it, but I do need to put some thought into it first.
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The Count

04/30/03 10:39 PM

#22109 RE: teecee #22064

teecee, after a quick and dirty analysis

I'm in for $5,000 if you're game, and I got a hunch you'll be done on as many as you want if you want to give others the opportunity.

Unless Once is right, a 3G license with a marginal rate should get IDCC to over $3.00 a share in earnings within 5 years. Gotta think recurring earnings in a growth sector would command a PE of at least 20. Good deal for you - if the options are exercised, you've got a 3 bagger, if not you picked up enough $$ for a nice vacation for your family.

I'm dead serious about this if you are. Let me know.