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Technology Stocks : Interdigital Communication(IDCC)
IDCC 308.76-0.5%Jan 16 9:30 AM EST

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To: Sober who wrote (2668)5/13/1999 9:40:00 PM
From: Sam Ferguson  Read Replies (2) of 5195
 
Barry this company has poor management and great technology. These recent earnings in the last year are moneys that should have been collected years ago. We have lawyers running the company and no CEO. Stockholders are raising so much hell they are trying to find a CEO.

They have 43 cents for 1st quarter but analyst says will lose money rest of year and wind up with 25 cents for the year. I checked IR at the company and they saidthey had to spend a lot to try to work something out on Nokia equipment. They have lost all alliances with Alcatel, Siemans, and Samsung which will stop royalties. It looks real bleak unless courts will get us money from Ericcson or Nokia comes up with more money or we are sold.

If you bought recently you should make a little money either way but not likely the killing it looks like it should.
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