I am expecting QCOM to make an offer to buy IDCC for $55-$60 a share this year. That values the company at about 2.5 billion, and with cash it is at 1/6 billion now. Their 3G and 4G IP is extremely valuable.
That would be a Monopoly concerning the IPR field,but the judges have turned their heads for 8 years against IDCC..so who the Phuck knows.They just might OK it?
Many companies can use this IPR and Merritt stated that Nortels[?] IPR that is equivalent to our LTE is valued at 2B...so go figure.
I meant 1.6 billion current market cap of 1.2, plus 400 mill in cash
Your cash is very wrong.They received another 100MM from Samsung in Jan 2010 which is not in your numbers plus another 4OMM they just received. So currently cash in excess of $500MM plus another 100MM coming from Samung in Jun or July.So IDCC really has over $600MM in cash for any buyout calculation at this point!!