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InterDigital, Inc. Message Board

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  • left_coast_43 left_coast_43 Aug 2, 2011 12:56 PM Flag

    when a stock goes from $41 to $82 in 3 days

    "WRONG...this process is going to take a lot longer than most people think."

    Absolutely right!

    Most on this board are getting way ahead of themselves. Keep in mind that it was in early April that Nortel announced they had entered into a tentative agreement with Google to sell their patents, and then the sale (to Apple, Microsoft, etc.) wasn't completed until June 30.

    None of the players in this affair are going to spend $4B - $5B without doing careful due diligence. Weeks (or months?) will pass as potential bidders analyze what IDCC is offering and behind-the-scenes negotiations take place.

    Unfortunately, the price of IDCC is likely to experience a slow, steady slide as we wait for this process to grind on.

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