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Technology Stocks : Interdigital Communication(IDCC)
IDCC 371.89+1.9%Nov 11 3:59 PM EST

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To: postyle who wrote (4566)11/4/2000 7:08:09 PM
From: Bux  Read Replies (2) of 5195
 
This place was a lot more entertaining when IDC was trading between $30 and $40 and people were hyping IDC to the hilt. Now, when I see there is a new post in hype ally, my interest perks up hoping there is discussion of substance happening, maybe IDC getting a rare new licensee or an announcement of a fresh source of revenue or maybe some more incredible statements from management (remember the calculator with a lot of zeros), but no, it's always just the burnt-out shareholders trying to scare off anyone who doesn't agree with their own self-proclaimed truths and who are as sure that IDC will soon rocket to triple digits as they are the sun will rise in the morning.

I see IDCC no longer has a p/e of over 400, now it's just listed as "not applicable". What, no earnings for the great technological power-house? Oh, that's right, IDC is about THREE GEE, not boring old 2G. I imagine as 3G becomes commonplace we will learn the real profit is in FOUR GEE.

As for me, I want a little evidence that IDCC can license their patents to someone who will actually make it worthwhile to be a shareholder before I risk my capital.

Bux
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