Funny but true. Management is very good at giving themselves options and selling into any uptick. I've been to several shareholder meetings and IDCC is the most unimpressive group I've ever encountered.
IDCC will remain independent unless they want to sell of small pieces of their IP one at a time. Sad truth is that no one needs IDCC. No need to buy the cow when the milk is free. Ask NOK.
well that certainly narrows it down. So it could be very little money or a lot of money, and it could be tomorrow, or 10 years from now. That gives plenty of reassurance for investors to sleep at night.
Unfortunately the major brokerage houses are not buying the IDCC story. Not one single major broker, other than Barclays, which IDCC paid dearly for, and for which they just reduced their price down to $45. So they believe IDCC appreciation from here will be Zippo. The only bullish coverage IDCC has is from Ron Shuttleworth of MPartners, who is kind of like an educated Mickey Britt.