Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« IDCC Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Davenport's report was worse than Barclay's.

By: Rakitno in IDCC | Recommend this post (0)
Fri, 28 Oct 11 9:48 PM | 234 view(s)
Boardmark this board | InterDigital Communications 		Msg. 43483 of 48237
(This msg. is a reply to 43481 by postyle)
Jump:
Jump to board:
Jump to msg. # 

It seems many in the industry think he is a good at analyzing the overall IP asset class, but it is hard to believe that he has much credibility left when it comes to IDCC's unique business.

You know where Skeeles doesn't have a recent track record in predicting ... guaging the market interest for patent portfolio's. Yet he makes that a centerpiece of his recent analysis on InterDigital saying that "potential bidders appearing to wane."

That rhetoric sounds very similar to the time when he said two short months ago that a rival bid (to Wi-Lan) for Mosaid was ‘unlikely’ to emerge and that the $38 per share cash bid offer is attractive and unlikely to get better. Mosaid was sold yesterday not to Wi-Lan but to another bidder for $46 per share.

http://business.financialpost.com/tag/jonathon-skeels/

» You can also:
- - - - -
The above is a reply to the following message:
Re: Davenport's report was worse than Barclay's.
By: postyle in IDCC
Fri, 28 Oct 11 9:35 PM 		Msg. 43481 of 48237

bulldzr, maybe it is just me - but it was very predictable of Skeels to write what he did. After being neutral (i.e., negative) for so long and missing the run from the low $20s to the $80s - he has been waiting for an opportunity to attempt to save face. By overly focusing on renewals and Nokia, he completely missed the growth of other licensees (like HTC) as well as the telegraphed explosion in wireless IP valuations.

It seems many in the industry think he is a good at analyzing the overall IP asset class, but it is hard to believe that he has much credibility left when it comes to IDCC's unique business.

You are right that his report was much more negative than the BC report. I just question the impact it might have on IDCC at this point in time, primarily based on the credibility of the analyst related to IDCC specifically. Just MHO.

« IDCC Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next