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Technology Stocks : Interdigital Communication(IDCC)
IDCC 396.54+9.6%9:30 AM EST

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To: Eric L who wrote (5064)8/17/2009 4:22:39 PM
From: Eric L   of 5195
 
IDCC's 1st Close After the ITC Decision ...

$22.52 down -$6.98 (-23.66%) on above average volume of 6.88 million shares traded. Current market cap is $971.19 Million USD.

Probably about what might have been expected, all things considered. Today might well have provided a good entry point or addition point for some interested in this company's stock, given its good fundamentals.

Previous Close: $29.50
Day's High: $23.85
Day's Low: $20.86

InterDigital provided a webcasted business update this afternoon wiyh interesting comments on the ITC decision and their plans going forward ...

ir.interdigital.com

- Eric -
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