InterDigital, Inc. Message Board
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The Path Forward for the IDCC Strategic Alternatives Process
This company ISN'T going anywhere for a lousy 70 bucks. It is just that simple. Nortel has weaker IP, were in BK, and sold for what would be 90 per share for IDCC
And I would like to comment on the assertion this company has been inept at collecting licensing fees. My comment is donkeycrap. IDCC is not inept, but they are in a slow spot in between licenses. They actually won a licensing industry award for their ability to convert their IP into revenues. So if they are poor at it then the entire IP industry must be because IDCC is a standout in the licensing industry.-
So let me get this right: $70 is a 45% premium to 47 or so...
And you say no to that, and take and immediate drop to $40 instead?
Are you serious?- 3 Replies to boomandgloom
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I bought this stock for my retirement IRA and I do not "officially" retire for another 8 years. So yes. I will vote my shares as a no to 70 dollars since it will be well north of 150 by the time I retire.
Besides, it is out of my hands. BOD are not going to take an insult offer anyhow so it is a moog point. -
Put yourself in the BOD's shoes. If you were confident that within a few years your company share price would be valued at 100 dollars or more based on future earning projections(from LTE/4g licensing royalties...would you accept $70 a share? Please keep in mind that new patent legislation just passed to help enforce payment and speed up patent approvals. Additionally, they have focused on frand patents to make sure they can more effectively collect and achieve reasonable rates. If the bod was willing to accept 70 the deal would have been done a long time ago. IMHO
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Welcome to the Yahoo IDCC message board. A board on which illogical fantasies dominate the dialogue.
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