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Post# of 432695
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ziploc_1

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ziploc_1

Re: None

Sunday, 08/03/2003 1:43:51 PM

Sunday, August 03, 2003 1:43:51 PM

Post# of 432695
Don't blame Marsala. He has taken a hit and is doing the best he can to recover. The important point that may be being missed in all of this is that Marsala doesn't know anymore about this stock than we do. In fact I have a hunch that many of us who have been around Idcc lots longer than he has may have a better feel for this stock than he does. If his bailing out causes the stock to crash, then we can buy more at a cheaper price. His downgrade is what I would categorize as soft bad news rather than hard bad news, which has a direct effect on earnings. Unfortunately the Nok decision not to pay promptly did qualify as hard bad news, but we have already paid the price and perhaps more than we should have for that.
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