Thursday, February 14, 2008

IDCC @ 19

I got my tax return, freeing up some more cash for another position. I have been bullish on IDCC for a while. It services market darlings like AAPL and RIMM but does not carry the same nosebleed valuations. IDCC comes out with earnings on Feb. 28. Guidance should be good as we are entering the 3G cell-phone era. I will probably sell a call on it when shares rebound.

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