Interdigital Communication(IDCC) Message Board

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Technology Stocks : Interdigital Communication(IDCC)

IDCC 345.82

+5.4%

3:59 PM EST

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To: Bux who wrote (3589)	1/24/2000 11:40:00 AM
From: Jim Lurgio	Read Replies (1) of 5195

Bux , That independent analysis is using estimates of the analyst that dropped coverage on IDC. The 1998 earnings were high due to the large licensing revenues. He also estimated earnings of 25 cents for IDC for 1999 and earnings so far for three quarters are 51 cents. He only missed it by a 100% so far so what does he know? He was looking for recurring revenues to build a model on and evidently he didn't see them coming in but other institutions did. Do you think it was Mom and Pop investing for the future that turned over the whole float above 50? This stock will come back to haunt him again and again.

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