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Wednesday, January 13, 2010 2:26:36 PM
I think we all agreed that the Sony Ericson deal was a good thing - and I'm sure IM knew about it during the last conference call as a possibility. I'm sure he knew about Nuestar also. What would everyone have expected him to tell us?
"I got this great partner coming down the pipeline guys...just wait...a major phone company is going to partner with us and then this billion dollar company is going to help us with sales and licensing...it's gonna be awesome."
Frankly, I think this board has entirely unreasonable expectations for what information we should be privy to. There are a lot of things that IM can not disclose to us until they are 100%. And, to date, I haven't seen any announcements that have been made where we could make an arguement that IM sat on the news unnecessarily long.
I think IM would like to be able to explain what is going on - but he can't. All we know is the legal language in the 8k, which appears negative and has a purpose for which we know nothing of. It's stinks, but there's nothing we can do about it. And, from a communication perspective, I don't think we are being treated unfairly. I will wait to hear the PR to determine if we are being mistreated from an investment perspective.
Longs, stay long.
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