InterDigital Inc (IDCC)

[Corp_Buyer]

"Option Plan Expansion Rejected at Micros Systems

Corporate Governance Highlights (1/5/2001) reports that shareholders rejected a proposal to increase the reserved shares under a stock option plan at Micros Systems' November 17th annual meeting. The vote marks a dramatic turnaround since this is the 6th consecutive year they have sought shareholder approval for such an increase. Last year they won support of 78.6 percent of the votes cast but this year only 41.6 percent of shareholders voted in favor. IRRC notes this was the sixth stock option plan rejected by shareholders in 2000."

(about half way down the long page:)
http://www.corpgov.net/news/archives2001/January.html

Our situation at IDCC is not unique and our latest option plan expansion (5M shares in 2003 on top of 2M shares in 2002 on top of about 10m shares in 2000) should be voted down, IMO.

Regards,
Corp_Buyer