Tuesday, August 18, 2009 8:17:54 PM
slacker711 .. You quoted me out of context and, as a result, missed my point entirely.
Of course infringement was the preferred result and the primary objective. However, it is comforting to know that we have a management that went into this with their eyes wide open and did not bet the farm on an infringement ruling. They clearly thought through carefully how large and how long term a hit IDCC might take should they lose on infringement. I am absolutely certain that WM .. or any CEO for that matter .. could not have conducted what everyone here acknowledges was the best IDCC CC yet if he was not prepared well in advance for this outcome and ready with a detailed game plan that will eventually mitigate the damages for all shareholders.
Without such a thought process and contingency plan, he could have easily blinked first and ended up settling for far less than we hopefully will eventually get. It is not whether or not IDCC will get a better result with Nokia and others in the future due to a ruling of validity and enforceability rather than non-infringement but instead that IDCC management had a strategy that went well beyond a single roll of the dice. That is what separates the best management teams from the rest of the pack.
MO,
Danny
Of course infringement was the preferred result and the primary objective. However, it is comforting to know that we have a management that went into this with their eyes wide open and did not bet the farm on an infringement ruling. They clearly thought through carefully how large and how long term a hit IDCC might take should they lose on infringement. I am absolutely certain that WM .. or any CEO for that matter .. could not have conducted what everyone here acknowledges was the best IDCC CC yet if he was not prepared well in advance for this outcome and ready with a detailed game plan that will eventually mitigate the damages for all shareholders.
Without such a thought process and contingency plan, he could have easily blinked first and ended up settling for far less than we hopefully will eventually get. It is not whether or not IDCC will get a better result with Nokia and others in the future due to a ruling of validity and enforceability rather than non-infringement but instead that IDCC management had a strategy that went well beyond a single roll of the dice. That is what separates the best management teams from the rest of the pack.
MO,
Danny
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