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Technology Stocks : Interdigital Communication(IDCC)
IDCC 358.04+3.6%3:59 PM EST

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To: Bux who wrote (3524)1/22/2000 10:59:00 AM
From: doug ray  Read Replies (1) of 5195
 
You know bux I have to take JimL side on this one. Just to hedge your position it would not hurt you to take some money out of the Q. At Q's current valuation it will take them over 400 years to earn back your investment. I do not believe that they will be able to dominate the 3G market in order to justify that level of valuation. At this price the market believes the Q will OWN 3G. I am sure they get their share but a correction of stock price to a more realistic level of say 100 times E is more realistic. But I am long IDC and have been for years.
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