Now that was an interesting (meaningful) post. Yet I don't know whether to feel optimistic or sick to my stomach. I am taking lots of solice in seeing dozens of very good companies in the same boat as IDCC. Great companies with great potential that are dramatically undervalued.
I thought IDCC stood out in the crowd as far as being undervalued but this proves it is just part of a large distinguished group.
So now I am thinking overall market confidence is more of a culprit than previously thought.
Think where these companies would be trading if it were 1999? or 2006? I must say, this graph/article has left me scratching my head.
This does not mean anything if there is no institution buyer.
I hate to say it but the market is one smart entity. It will seize the first opportunity as soon as it sees it..
there are also too many shorts out there. without any dividend, those shorts are waiting it out for IDCC to miss. One big thing they bet on is the LG contract expiring end of this year.
I really hope IDCC management sees this.
I've been long since the Nokia debacle, and really feel like we have come a long way.
Re: LTE thing, it will be next year at least before we know if VzW handset and network vendors use any IDCC patents. I really feel many on this board are very very optimistic. If things are really that rosy, I don't think IDCC will be at this price.