InterDigital Inc (IDCC)

[Learning2vest]

Got my hiney whipped by a couple of young limber backs on the golf course this afternoon, so may still have some rough edges(it was more like swamp bowling than putting after all of the rain we've had around here, and i think those guys were switching to ball bearings painted white when they got on the greens). Anyway, what I wanted to say was that the current practice for employee options is an issue across the tech industry. It is an issue that needs attention IMO, and it is about to get some from all we can see coming. When the SEC and FASB rules and regs get changed sometime soon(hopefully!), everybody will have to play by those new rules.

So far, InterDigital has played by the rules and delivered solid results to most investors as it did so. If we take off the "not out of my pocket again" blinders for a minute and look around at the rest of the tech industry(i.e., where InterDigital has to compete for the top engineering talent), we can see very clearly how the game is being played. At least right now. I'm probably just as greedy as anybody else(now, that is saying something in this crowd by the way), and I look forward to the day the options issue gets brought under tighter control. But that same greed sure does not want to see any of MY tech investments get handicapped before the rules change for every company. We need to focus our advocacy on getting the rules changed IMO, not on creating trouble for one of our personal investments.