InterDigital Inc (IDCC)

[The Count]

Brad, you are right about many things

I do try to be balanced and open minded, however like most people I am most motivated to comment when I disagree, so let me make clear that I do respect your experience and contributions to this board. Some things you said recently that I think are correct are:

I've invested some of my assets in this company. As long as my estimated future returns exceed what I think I can make in alternative investments going forward without any involvement from me or any other investor I will stay invested. Otherwise I'm out and into something else.

and

So, what to do now? Whenever I've been faced with that question I've used the zero based budget approach, i.e. start with the definition, goals and objectives of my job and then decide what actions will cause me to best perform my job. As of Friday's close I had $105,700 of my personal assets invested in IDCC. My job is to make sure every day that the $105,700, along with my other financial assets, are invested in such a way in context with my cash needs that my long term personal financial goals are met or exceeded to the greatest extent possible. Every day I am completely free to do whatever I want with whatever the value of that $105,700 has become on that day. That's my job and presumably the job of everyone else on this board. At the end of the day, I can't expect anyone to help me with that job. The responsibility is solely mine.

and although we’ve never met, most accurate of all

the Count naked .. now that is scary sight to contemplate LOL.

The reason we disagree so much is because we start from two very different perspectives. You were in management, understand issues as they see them, and understand that they have far more information then we have, so they have a better grasp of what is required to make the company successful. This may surprise you, but I agree with that as well. Our great divergence comes in that you feel since they have this superior position it is ignorantly presumptious to question anything they do, including determining compensation. Therefore we will never agree because I do believe that shareholders do have the right to raise the issue.