Thursday, June 02, 2005 9:58:54 PM
Danny -- where of course this whole deal, in reality, has absolutely nothing to do with 'shareholder activism' -- there could hardly be a more completely vapid, empty and meaningless, indeed Orwellian, distraction and diversion of a concept to 'apply' to falsely label this situation (and to thus keep attention focused away from what's really going on here)
this whole deal is 100% about (facilitating/enabling/preparing the way for) a takeover of IDCC, via a proxy contest, that somebody hopes to be able to pull off before IDCC can get NOK and Samsung and MOT and all the rest signed up as paying licensees for what IDCC does already have across all the standards, and thus before IDCC can achieve a corresponding share price -- that's it, plain and simple; nothing more, nothing less
the next step will almost certainly be a campaign for the board, or failing the board for 'dissident' shareholders, to call/force the call of a special meeting of shareholders to vote on implementing the proposal, said special meeting presumably to be held before the end of this year -- where said next step will almost certainly begin sooner rather than later (if indeed it hasn't begun already)
this whole deal is 100% about (facilitating/enabling/preparing the way for) a takeover of IDCC, via a proxy contest, that somebody hopes to be able to pull off before IDCC can get NOK and Samsung and MOT and all the rest signed up as paying licensees for what IDCC does already have across all the standards, and thus before IDCC can achieve a corresponding share price -- that's it, plain and simple; nothing more, nothing less
the next step will almost certainly be a campaign for the board, or failing the board for 'dissident' shareholders, to call/force the call of a special meeting of shareholders to vote on implementing the proposal, said special meeting presumably to be held before the end of this year -- where said next step will almost certainly begin sooner rather than later (if indeed it hasn't begun already)
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