Friday, August 14, 2009 9:00:18 PM
I liken it to "over-estimate" used in the following situations:
1) A boss who tells an employee that he over-estimates his importance to the company. (There is but one conclusion in this scenario)
2) A professional sports team owner who tells a player that he over-estimates his importance to the team. (again only one end result--think T.O.)
I think this time over-estimate is code for the other big players to give IDCC credit for little to no value at all, and I agree with the poster who said Nokia was out to smash IDCC from the beginning and that's why there was no settlement at what would have been a gift rate had Nokia lost.
I don't know why I think I should post here--I haven't owned a share for 6-7 years. I guess it's that I hate to see so many good people get reemed And there's something really wrong when the collective thinking that this board brings to bear proves wrong.
I can only be left to blame management--either for their laissez faire attitude about the success they expected against MOT and Nokia or more problematic an intentional misleading of investors.
I also agree with the poster that says all options and bonuses should be withheld for the forseeable future. Performance bonuses and options would really rankle now. I forgot, is the annual meeting over?
best,
robj
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