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Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (5064)8/17/2009 10:08:42 AM
From: Sr K  Respond to of 5195
 
InterDigital Announces Financial Guidance for Third Quarter 2009

Company to Host Conference Call at 2:00 PM ET to Discuss Recent ITC Determination

Press Release
Source: InterDigital, Inc.
On Monday August 17, 2009, 9:55 am EDT

IDCC hit 23.60 at 10:04, then backed off below 23.00
Now testing >23



To: Eric L who wrote (5064)8/17/2009 4:22:39 PM
From: Eric L  Respond to 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 -