Wednesday, May 28, 2003 1:29:10 PM
Ken: Simply because Loop chose to reverse his support of a particular item Management is proposing does not mean he does not support management. It simply means he does not support this particular issue.
I too have reversed my position, at this time, and today released my decision via proxy. That does not mean I will not support a future effort on this same effort. It is just at this time, from what I have been able to determine via Interdigital's own disclosure, I do not believe these options are necessary. If they loosen up with their information and provide a sound basis which changes my thinking, I will change my position. For me today, this is how I see it.
And, I might add, this is the first time since my initial investment in 1994 that I have opposed a management effort. I do not have any second thoughts, today.
I too have reversed my position, at this time, and today released my decision via proxy. That does not mean I will not support a future effort on this same effort. It is just at this time, from what I have been able to determine via Interdigital's own disclosure, I do not believe these options are necessary. If they loosen up with their information and provide a sound basis which changes my thinking, I will change my position. For me today, this is how I see it.
And, I might add, this is the first time since my initial investment in 1994 that I have opposed a management effort. I do not have any second thoughts, today.
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