Listened to the CC last night. Restructuring seemed to be the big talking points. I'm glad they addressed the SAM renewal at least. Earnings would have been .02 without the Intel sale and while I certainly hope the SAM renewal occurs I am not expecting it by 12/31. I did note that BM mentioned how influential the CAFC reversal was for negotiations which was encouraging. Seems like a broken record but hopefully 2013 is our year. The ITC hearings in FEB and the CAFC reversal should hopefully get the infringers to pay. They need to get the recurring revenue up next yer signficantly or the 1st 2 quarters IDCC will be showing negative EPS. Hopefully the arbitration is resolved by 12/31.
Im not trying to sound negative but after 12 years in this stock hoping for one more selling opportunity. Still shocked we haven't seen a bid for the company and maybe with this restructuring and breaking off of the units it will be easier for bids to come in.
Lets start it at $50 and go from there.
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