InterDigital Inc (IDCC)

[Danny Detail]

Corp .. Danny, what I am saying is that on the options issue, measure #2, IMO, in general, the institutions, based on their sophistication and voting methodology, will AGREE with the "NO" vote camp.

IMO, therefore, the institutions are a reliable "no" vote on measure #2, but they only have about 30% of the votes. Therefore, as I have said before, the institutions are relying on us individual shareholders, who have about 60% of the votes, to JOIN them in defeating measure #2. That is how I see it.

Now I finally see why we have been at loggerheads. I don't have a clue where our institutional holders are on prop #2. If I was as convinced as you are that they are in the No vote camp I would probably send a sizable contribution to the lobbying group. But, since they need our votes to defeat #2 and have not lobbied us for them, which they could easily do, I assumed they were in the yes camp. Where is the error in that logic?