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InterDigital, Inc. Message Board

  • joetong419 joetong419 Sep 20, 2011 9:29 AM Flag

    IDCC auction - how will it turn out?

    Alpha had an article saying IDCC may be worth $5B in the sale. Might be too high making stock price over $125.

    Then there is a big percentage of shorts betting the auction will not bring in a high value over today's price of 60-65.

    Any clues how the auction will turn out?

    Big comedown when it was first announced in July, went to 80+, then Google's MMI purchase deflated (they were rumored buyers).

    Appears sellout price will be in a range of 70-75, or if lowball, no sellout.

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IDCC
50.78-1.25(-2.41%)Mar 26 4:00 PMEDT