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Re: arb award  

By: zzfan in IDCC | Recommend this post (5)
Fri, 23 Aug 13 1:29 PM | 294 view(s)
Boardmark this board | InterDigital Communications
Msg. 46901 of 48237
(This msg. is a reply to 46900 by bim24)

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It is clear to me that they won the 52.6 mil that has been paid under protest. The question is whether they can report as recurring revenue in the 3rd Q. There is no interest on the award because the licensee has been tendering the payments. This resembles an audit result more than a Pegatron situation. What is not clear is whether they have reported revenue from this licensee all along and deferred specific amounts labeled under protest or deferred the total amounts reported each quarter? If they have been reporting revenue all along, this is fairly substantial licensee. My guess is that it is Intel/IFX. Intel is launching a new chip to compete with qcom and if the old commeon/idcc stack is still present, this could be real big for the bottom line revenue going forward. At least we have a fresher set of tea leaves. Now if the doctor will release me next Wednesday, I might be able to get out and be somebody again.

MO
zz


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The above is a reply to the following message:
arb award
By: bim24
in IDCC
Fri, 23 Aug 13 6:55 AM
Msg. 46900 of 48237

it is unclear (at least to me) if the company won the entire amount of 52.6 million.

It just said they won at the rates specified and then went on to say that they had 52.6 deferred and that they are studying the award. Arb awards doesn't have to be bipolar, as it can be some amount in between.

Maybe I am losing my comprehension skills... but emailed HR to clarify my simple math. Or maybe I am just overly cautious.

Can you believe our luck that we announce news of this magnitude and the market broke and we couldn't trade? I had my unfilled limit buy in at 36 about 5 seconds before it stopped!



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