InterDigital Inc (IDCC)

[jai]

TRUCE

I have not seem this much fighting since the last ASM, can't we all just get along?

Almost all company executives (not just IDCC) over compensate themselves. It is the nature of the beast. They control the cookie jar so they eat a lot of cookies. We have to expect this but as shareholders we need to act if they become pigs.

I'd like to declare my sentiment as to somewhere between throw the bums out and this is the best management team in the history of business. I can't understand why more shareholders can't come to the middle.

On Compensation, good points on both sides. These guys deserve to be compensated with options and RSU just like every other company that is listed on the NASDAQ. We can't expect to stop compensation because in the past they were over compensated. Hell the Yankees have to pay Steve Karsay big bucks this year even though he hasn't pulled his weight in the last two years.

Limiting compensation can be a good thing for shareholders. The option plan last year was dilutive and excessive. If we feel that they are eating too many cookies we must act in the best interest of our shares. In a very simple equation that 5 million share plan last year may very well have diluted the value of our shares by 10%.

On management performance.

The Good.
year over year revenue has increased substantially.
Total Revenue 114,574 87,895
Three new licenses in RIMM, HTC and Sierra Wireless.
Steady and somewhat predictable revenue streams provided by NEC and Sharp.
They have gotten more analysts on board.

The Bad.
Not delivering enough 3G licenses.
Poor communication with the investment community, no future revenue potential built into the price.
Need more institutional ownership.

I'd like to stop seeing posts telling people who complain about performance to sell their shares. We own this company and we have a right to state what we see as problems.

Just remember every long shareholder has the same goal, for the stock price to rise. And all one has to do is look at the headlines from the Tyco trial to understand why certain shareholders will question management for their activities.