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Thursday, October 29, 2009 4:01:52 PM
Hi Janet,
After listening to the CC this morning I feel I have to convey my thoughts to IDCC. I've been invested in IDCC for 9 years now and am now asking myself about my investment in this company. We hear Bill Merritt keep saying things about increasing value for shareholders, but after 9 years the share price remains about the same as my entry price.
Bill Nasgovitz really opened my eyes today with comments about dividends and buybacks. A lot of fellow shareholders on IHUB are commenting on how management keeps getting bonuses, but shareholders get nada. I don't mean to express my disappointment towards you, but right now I don't know who to contact. It appears that the natives (including myself) are getting restless.
When a public company has $433,000,000.00 in cash and only has a cap of $800,000,000.00 and a $20 share price something is really miscontrued. In my opinion, a dividend and/or stock split would be appropriate. I hope you can pass my thoughts along to proper channels. Thank you!
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