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InterDigital, Inc. Message Board

  • gsime gsime Oct 28, 2011 6:52 AM Flag

    Lowest Acceptable Bid

    Hi, 1st time poster, but have been following IDCC peripherally since 1999-ish. I remember thinking how perceptive I was when I put this stock on my watchlist, thinking, "in the future, everything will be wireless! And everyone will have to pay these guys!"
    Well, that vision is largely coming to pass, though the getting paid part turns out to be much more tricky and expensive than one would like.
    Nevertheless, the Nortel deal seemed to be the watershed moment for IDCC execs and shareholders, validating all of the research, organization and execution over the last 10 years. Being relative experts in the field of wireless patents, one would think IDCC brass had pretty good reason to believe what they said at the time, ie. "Our patents are worth at least as much as Nortel's".

    So, they genuinely believe they are worth $4-5 billion($88-$110/share I think), that begs the question, what's the minimum price they could in good conscience accept? Breakeven on my speculative trades is $60, which at one point seemed pretty conservative..what do you think is the "accept/reject" threshold price for the company?

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