fmilt: I agree with you that the markets are forward looking, however, I still think that IDCC doesn't have a overly large following on the Street. It's growing for sure, however, I think that a very conservative Tom Carpenter slapping a $25-$35 price target is quite the positive! Is he factoring in a 3g agreement with ERICY into his model??? Nope! NOK and Samsung 3g? Nope!
He, like the rest of us know it's coming but we just can't peg the ramifications of those agreements other then to know that they are positives for IDCC.
I'm curious to see what Piper Jaffrey is up to.
Ken
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