"They otta plug in the close to $600Million in cash...takeout worth over $40 andthats still cheap" Another misconception just like "news drives pps".The only way shareholders directly benefit form cash pile is when company declares dividents.As far as share price appreciation is concern forget about it.In many cases a pile of cash acts as drag on share price especialy for high growth stock when management doesn't know what to do with it.Typical high growth company aquires other businesses hire more people,use cash as a leverage to borrow money and use for expanding market share. Having lot of cash helps in case of market malaise and that is were second benefit comes handy. There is only one option left on the table for IDCC,QCOM model.If they declared dividents I would pronounce IDCC as good as walking dead. jp
"a pile of cash acts as drag on share price especialy for high growth stock when management doesn't know what to do with it" Now that TOPS all other assinine remarks I have heard in quite some time. Cash is a drag ?? Pass some to the shareholders & let them "Drag" it around for awhile !!!
"Pass some to the shareholders & let them "Drag" it around for awhile" You mean as a gift or in form of divident? I love first one even though it would be first time ever in stock market history.Second one is lot more realistic but watch what would happen to future share price performance. Why? because it would send strongest possible signal to market that this management doesn't believe in GROWTH!!!! Isn't it why majority of you are in this stock? jp