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Technology Stocks : Interdigital Communication(IDCC)
IDCC 348.69+0.8%Nov 14 9:30 AM EST
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To: Bill Dalglish who wrote (4135)4/12/2000 10:48:00 AM
From: Bux   of 5195
 
Bill, I can't believe you are making these claims. I was here months ago arguing the risk/reward ratio was very unfavorable and you denied it. Now that the value of IDC has been cut in half, do you maintain that IDC was just unlucky or do you admit the drop was predictable? The fact is, this company is still so speculative it is only suitable for the most risk-tolerant investors. Management can't even hire a CEO, they have had two years, what makes you think they can sign up royalty paying licensees?

IDC's patents are poorly written and easy to get around, that's why the share price has been steadily sinking. After all the attention IDC received when the price shot up on amateur speculation, do you think qualified people were not hired by various investment firms to sort the hype from the fact and professionally analyze the value of IDC's IPR? Why else do you think there has been no significant buy pressure for months?

Of course if God really did whisper IDC in your ear as you claim, then I'm sure IDC is a winner. I imagine if God was to choose anyone as a conduit for stock picks it probably would be an ordained minister so that at least adds an air of credibility to your claims.

Bux
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