Interdigital Communication(IDCC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Interdigital Communication(IDCC)

IDCC 362.28

-8.6%

Oct 31 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: nicmar	12/15/2011 4:04:40 PM
	of 5195

3 Top Stocks at Half Price By Rich Duprey \| More Articles December 15, 2011 Wireless technology specialist InterDigital is still trying to sell its patent portfolio (or itself), but after the flurry of buying that saw Nortel's patents scooped up and Motorola Mobility (NYSE: MMI ) bought out by Google, the market for wireless technology IP has decidedly cooled off. InterDigital now trades where it did before the outburst of exuberance. That means investors are going to have to contend with its business as is, and that's been just as chilly. Revenues last quarter fell 17% from the year-ago quarter, causing profits to drop 26%, and analysts don't expect that to change for the better in the fourth quarter, where they're forecasting a 23% year-over-year decline in sales. Takeover rumors will likely cause the stock to be volatile; the suggestion that came out this morning that there's a new bid in the works caused shares to spike. Investing by rumor is a risky game to play and not recommended. Although even a blind squirrel finds a nut or two, it's not a very productive way to go. Better is to concentrate on how far smartphone sales are likely to climb, as CAPS member Lawrence56 suggests, as that represents the true potential of the company absent a buyer. Tell us on the InterDigital CAPS page or in the comments section below what you think the wireless technology specialist's true value is, and then follow its progress by adding it to your watchlist. fool.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next