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

Disconnect - 110% 

By: lockworld in IDCC | Recommend this post (9)
Thu, 14 Jun 12 10:37 PM | 407 view(s)
Boardmark this board | InterDigital Communications
Msg. 45457 of 48237
(This msg. is a reply to 45456 by j70k)

Jump:
Jump to board:
Jump to msg. #

I have been a long time shareholder and watched this train wreck in the last year with shock and awe. I don't know how many others there are, but I am in agreement with you.


- - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Disconnect
By: j70k
in IDCC
Thu, 14 Jun 12 10:17 PM
Msg. 45456 of 48237

The closing price before the SA was announced was $41.51 with the DJIA at 12,385. Today with the DJIA range bound similar to 11 months ago, we have lost almost half our value. Currently, there is a total disconnect between the underlying asset value of our patent portfolio and our share price. What can be done to unlock this value NOW, rather than 3-5 years from now? IF, Paulsen still owns nearly 10% of the company, I cannot see him standing idly by, waiting for favorable court decisions, followed by appeals and maybe a license down the road. This is the sweet spot for a pro-active approach. Even a low ball bid for the company, would reset a share price more realistic to underlying asset value. I would like to see Ron Shuttlesworth do a sum of the parts analysis of the particular buckets of patents if they were sold rather than licensed. Maybe the way to go, is to get ahead of the 4g curve, rather than many years behind it. What would a 3g-4g bucket of patents be worth in an auction-$2 billion minimum? Our business plan-even the hybrid approach of sales and licensing-has to get more realistic as to the cost and TIME of litigation. It can not be business as usual going forward. Management has to be more creative in unlocking asset value to benefit its' shareholders, and there is nothing like a halt and huge gap up to punish the manipulators. I won't be surprised if Paulsen does something that creates an immediate gap up to protect his investment, because this thing is getting pretty ridiculous and requires action. JMO


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