Well it is useless being panic and sell within a day or two. 7/27 is the earnig results date. and expecting good results. it doesn't matter deal happens or not. However Apple has shown interest in Hulu so its out of list. only possibilty is Goog which can buy IDCC. and it has to.
"7/27 is the earning results date. and expecting good results. it doesn't matter deal happens or not. However Apple has shown interest in Hulu so its out of list. only possibility is Goog which can buy IDCC. and it has to. "
I disagree with your post on both counts. First of all, IDCC isn't priced for good earnings. It is being priced for a takeover (and may go much higher NOT based on earnings), so yes, the deal does matter quite a bit. Second, Apple's interest in Hulu does not in any way mean that IDCC is off its list. They are Apples and Oranges in targets, and both serve a need for Apple. Plus, Apple has the dollars to buy both and more if they wanted to. The list of acquirerers for IDCC is growing, not shrinking.
Merclyde, I don't know if earnings are going to matter in view of all the takeover talk going on, but IDCC's earnings are not going to be at all good. We no longer have any revenue from LG and, because of our bizarre method of accounting for income in the quarter after it is received, we will not get any benefit from the shift to per unit royalties on Apple.
There haven't been any new licenses announced and the earnings will present a pretty dismal comparison with last year.
Thank God for chairman Clontz and Google. If we were going on earnings alone we might be headed back to the $20s!