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Re: We're going back to ....

By: zzfan in IDCC | Recommend this post (0)
Sat, 23 Jun 12 1:36 AM | 349 view(s)
Boardmark this board | InterDigital Communications
Msg. 45593 of 48237
(This msg. is a reply to 45591 by Rakitno)

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Whatever happened to the old saying that the shorts have to pay the dividends? Is that still accurate?


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The above is a reply to the following message:
Re: We're going back to ....
By: Rakitno
in IDCC
Sat, 23 Jun 12 12:46 AM
Msg. 45591 of 48237

I don't know about that. The company has the money to make such purchases now regardless that they will receive an additional $350 million in Q3. They purchased $10s of millions worth this year alone before the May announcement for an additional $100M before this last $100M. If they were waiting for the cash to hit the bank account in order to act they might as well have announced an increase in the dividend for next quarter.


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