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Thursday, May 05, 2005 10:39:27 AM
she was extremely surprised by what I call the overreaction in the market place to this news. She stated that nothing regarding the arbitration has changed nor were results known as of our conversation yesterday. She seemed very upbeat about the company's choice to make the change at this time and believes Mr. Merritt to be a good leader with high energy and focus - the right choice for the job.
In my conversation with Ms. Point, I gained a belief that the company is far more focused on future growth than many of us may have believed. We are all stuck on the current event (obviously), but Interdigital is already moving forward with their business, which ultimately is what we as shareholders need. My confidence in Interdigital's ability to go forward in a positive manner has been elevated.
I'm anxious for the conference call if only to reaffirm this positive view.
My thoughts on yesterday's share price drop - "this too shall pass"
Good luck to the longs, I believe that our risk shall be well rewarded regardless of what Wall Street does to us in the short term.
Hope this helps ease some nerves out there.
I'm out the door and gone fishin'
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