Saturday, December 02, 2006

A strong reiteration!

I own Interdigital Communication Corporation (IDCC) stock. I've been buying as much as I can afford. This is a company that makes a great product line (wireless is going to be king), and trades at a ridiculous low P/E ratio. I think one more year or two and this stock will double in value. All the pieces are there. The fundamentals are great, the product line is great, the underlying company is great, and the growth potential is huge. I'm looking to at least double my money on this company, and I think you should look to do the same. I know I've been thowing this name out a lot lately, but that's only because I think it's so good.

I used to day trade when I was in college. I made mucho dinero being a buy-and-sell stock flipper, and still do day trade when I have free time, but I've found out that buy, make your money, and sell is the way to go. That's why I'm holding on to this one until I've made big money on it.

If you want a new name, how about Level 3 communications (LVLT) the recently bought Broadwing (BWNG), and are a really great company. I've made about 10-15% on them this year, and I think they will also double in about a year. However, fundamentally they are nowhere near as good as IDCC.

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