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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: swisstrader who wrote (54321)	12/30/1999 3:27:00 PM
From: josher61	Respond to of 108040

Did I just sell you mine my friend?<GGG> I may have to buy them back at the rate its going....

To: swisstrader who wrote (54321)	12/30/1999 3:33:00 PM
From: Maryann M	Respond to of 108040

Swiss -- Per Goldberg (acting pres of IDC) on the wall street radio interview this afternoon -- for me it's going to be the quote of the century -- "You need a calculator with a lot of digits to appreciate the opportunity here". Goldberg for President!!!!

To: swisstrader who wrote (54321)	12/30/1999 10:22:00 PM
From: Maryann M	Read Replies (1) \| Respond to of 108040

Hi Swiss -- IDC -- check out this article from individualinvestor.com Looking good! The Street has been buzzing that IDC might be ?the next Qualcomm,? since the two companies share a very similar space and have similar business models. There are many similarities between the two companies. Like Qualcomm, IDC develops technology for advanced digital wireless applications. Both companies specialize in CDMA, or Code Division Multiple Access, the platform that the industry seems to have agreed will carry next-generation wireless broadband personal communications, or 3G. And like Qualcomm, IDC licenses the proprietary CDMA technology within its patent portfolio, which is controlled by wholly owned subsidiary InterDigital Technology Corporation (ITC). The company currently has dozens of patents and 19 licensees, including a royalty-bearing relationship with Nokia (NYSE: NOK - Quotes, News, Boards) aimed at developing 3G wireless communications products. The company also employs various engineering relationships, product sales, and a number of other alliances to grow its business. Between the licensing deals, the alliances, and the strategic relationship with Nokia, the company had revenue of $92.5 million in 1998, up from $6 million in 1997 and $28.7 million in 1996. A portfolio manager we spoke with who requested anonymity sees IDC as being in a better position than ever now, and one that bears clear similarities to Qualcomm?s. Originally, IDC had planned to target the wireless local loop market, and had some good prospects in Asia. ?But then Asia collapsed,? says the manager, ?and IDC said ?Well, we have limited dollars; let?s focus on licensing our IP.? Qualcomm recently decided to sell its handset business to Japanese firm Kyocera ? a move both analysts and investors saw as very bullish. Both companies are reverting back towards being sleeker research and development operations with a focus on high-margin royalties. ?We thought they had a damn good patent portfolio, good intellectual property and a clean balance sheet. We didn?t think we?d have to wait this long, though,? said the portfolio manager. He doesn?t really see the two companies as being in direct competition. ?The technologies are actually kind of complimentary,? he says. IDC?s technology uses more bandwidth than Qualcomm?s; as such it is called B-CDMA, for broadband CDMA. The manager admits that at some point Qualcomm clearly intends to ?evolve? its CDMA into wider bandwidth applications. ?And you know,? he continues, ?Qualcomm certainly has a lot of currency right now. They may just say, ?hey,? let?s buy it and avoid patent infringement litigation and all that other stuff.? So can IDC charge ahead on the same order as Qualcomm? He believes so. ?An interesting thing about this company is it?s institutionally under-owned,? he says. ?People didn?t know about it. Now the retail investors have discovered it, and?who knows? If you think Qualcomm is worth what it?s going for, and if you believe in its patent portfolio (and the patent office and scientists I?ve talked to do), I think IDC could hit one or two hundred bucks a share.? InterDigital may be one of those great, ?undiscovered stocks.? But judging by investor reaction in the wake of Qualcomm?s staggering success lately, it may not be ?undiscovered? for long. But the company has been profitable for four consecutive quarters, has little debt, and hot technology. Bottom Line: Expect more attention paid to this stock, and with it, expect upward movement. With a clean balance sheet and the wind behind its back, this is a relatively very inexpensive alternative for a pure CDMA play.