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Re: None

Tuesday, 01/07/2003 3:56:05 PM

Tuesday, January 07, 2003 3:56:05 PM

Post# of 432703
re employee options...

IMO up to this point the company is in a stronger financial position due to the use of options as compensation instead of inflated salaries. It's what many if not most high-growth tech companies do.

While I am not overjoyed with the accompanying dilution of my shares with this practice, I do understand that saving several million a year in salaries this way over the last few years, plus the payment into IDCC's coffers when the options are exercised, has helped IDCC conserve cash.

So right now, it's not a big issue to me. However, with a favorable settlement in the ERICY case and the subsequent payments to IDCC by NOK, Samsung, and the rest, IDCC will be recognized as a mature big player by Wall Street, and at this point employee options for executives will be a BIG issue. I would urge everyone here to do everything they can as shareholders to limit future options to IDCC execs once the ERICY issue is resolved. The IDCC execs will already have been rewarded by their current options at that point, and it would be dumb of us shareholders to let them continue feeding at the trough at our expense.

We don't want to take the position of the fraternity pledges in Animal House [Thank you sir, may I have another]

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