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Technology Stocks : Interdigital Communication(IDCC)
IDCC 328.34+0.2%9:30 AM EST

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To: Bill Dalglish who wrote (2735)9/11/1999 8:19:00 PM
From: Daniel Joo  Read Replies (1) of 5195
 
On 9/8/99 we sold our Dec 5 call option position for a 170% profit. In the short-term, without a significant news event, we belive that the stock will sit between 5 and 7 based on current open interest positions. We still hold shares in our long term portfolio based on the IDC's long term potential in 2 areas - the ASIC chip with Texas Instruments and the Nokia 3G technology potential.

Dan
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