InvestorsHub Logo

F6

Followers 59
Posts 34538
Boards Moderated 2
Alias Born 01/02/2003

F6

Re: Corp_Buyer post# 42638

Tuesday, 09/02/2003 8:02:49 PM

Tuesday, September 02, 2003 8:02:49 PM

Post# of 432680
Corp_Buyer -- I assumed nothing, simply made a correct observation.

In particular given your background -- if you were truly opposed to a takeover, your position inevitably would reflect a much deeper understanding of the fact that the classified board structure has EVERYTHING to do with IDCC's ability to defend against a hostile takeover (in its own right, every bit as strategic as the poison pill). Your posturing to the contrary, re 'improving corporate governance and shareholder alignment', is unconvincing.

And I couldn't care less about the latest poll of the sentiment of institutions re classified boards in general -- institutions often enough operate within a short-term focus and welcome tactics that promise short-term gains.

Much more important to me is that IDCC, in terms of its even modestly longer-term percentage appreciation potential from its current price, is NOT just some stock whose current share price is possibly being hindered by some merely self-serving classified board setup.


Greensburg, KS - 5/4/07

"Eternal vigilance is the price of Liberty."
from John Philpot Curran, Speech
upon the Right of Election, 1790


F6

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDCC News