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InterDigital, Inc. Message Board

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  • Chkecheze Chkecheze Aug 2, 2011 8:42 AM Flag

    when a stock goes from $41 to $82 in 3 days

    WRONG...this process is going to take a lot longer than most people think.

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    • Chke, it will likely take longer to finalize, but a tender offer may come quickly which in turn could open the door to competing bids.

      It's hard to know for sure what strategy is seen as best for potential bidders - offer early or wait and see.

      I never like to be the one to make the first offer unless I know I can eliminate most of my competition with my number.

      If we didn't have so much money tied up, this would be a lot more fun to watch. Here's hoping the end result is very fun for us.

      IMO

    • "WRONG...this process is going to take a lot longer than most people think."

      Absolutely right!

      Most on this board are getting way ahead of themselves. Keep in mind that it was in early April that Nortel announced they had entered into a tentative agreement with Google to sell their patents, and then the sale (to Apple, Microsoft, etc.) wasn't completed until June 30.

      None of the players in this affair are going to spend $4B - $5B without doing careful due diligence. Weeks (or months?) will pass as potential bidders analyze what IDCC is offering and behind-the-scenes negotiations take place.

      Unfortunately, the price of IDCC is likely to experience a slow, steady slide as we wait for this process to grind on.

 
IDCC
56.98-0.13(-0.23%)Apr 29 4:00 PMEDT