boomandgloom, think outside the box dude, say Apple does buy IDCC, you don't think they are capable of engineering patents that DO HAVE STRATEGIC BLOCKING POWER? Thats what I thought. It would been way too hard for a company like Apple or Google to start up a R&D division like IDCC or QCOM organically, thus which is why they have been BUYING.
I highly doubt IDCC engineers are incapable of engineering/developing patents that would benefit companies like Apple and Google more, but because it would be hard to have a business model that is based around designing strategic "blocking" patents, they have a business model that designs them....BOOM...GO HOME...
They are EMCUMBERD, say 50% of 3G is licensed... so GOOG Cannot use IDCC 3G patents to clobber Apple which has a multi year license...and then others too etc.
Do you understand these basic key concepts about the investment you hold in IDCC? Don't worry, private acuity will buy us, and Barclays downgrade is designed to help them....as Barclays will make far more money doing the debt side of the PE buyout than the M&A
All the little pieces of the puzzle begin to fit..we just won't see $4.5 billion valuation. That, I can assure you. I am happy with $75
FYI, Apple has over a 1000 engineers developing chips among other things, per a quote from Steve Jobs, I'm sure they can generate there own patents but I do see they like to grow from within and the IDCC engineers would be a great fit.