M6,
Were trading at $13 backing out the cash. Pretty ridiculous considering the wireless/mobile market these days. Obviously I have no inside info but im sure a few years ago before all the ITC rulings came out and the much looser polictical landscape we probably could have gotten lesser rates which still would have made IDCC plenty of money. Now from NOK,SAM,LG, ZTE point of view im sure the rates are extremely low and I can't blame them at this point. IDCC still hasn't gotten 1 patent infringed upon according to the courts.
This is defintely armchair Qb'ing here but if you look back at July 2011 when the strategic alternatives was in place and we know for a fact GOOG approached IDCC for patents or sale of the company. I would think Goog probably offered in the $50-$60 range for patents or all of the company. Let say it was a complete sale at $60. GOOG was trading at around $500 then. Now its $1100. Im sure most of us long termers would have made out handsomely on the $60 sale price and if kept the GOOG stock it would have doubled again our investment. I know its easier said then done but damn looking back its frustrating we trade here now at $28 with markets at 15 year highs.
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