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jai

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jai

Re: hookrider post# 66385

Friday, 04/09/2004 1:03:38 AM

Friday, April 09, 2004 1:03:38 AM

Post# of 433308
The point isn't about changes but about compensation. As a shareholder I have a problem implementing a plan that costs $7 million dollars to compensate IDCC management and employees. This problem has nothing to do with the BOD or changes in management. It also has nothing to do with pefromance of business. Based only on the stock performance I do not feel this compensation is appropriate and I do not like the fact that 2004 earnings will suffer because of this plan.

I am not happy about an $18 a share price. The market says that IDCC is worth this and I have to accept this fact. IDCC feels that it is appropriate to install a compensation plan at this time which will cost $7 million dollars in 2004. I simply do not feel the same way and beleive it should be delayed until the stock price rises.
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