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Re: Corp_Buyer post# 4677

Tuesday, 01/21/2003 12:48:25 AM

Tuesday, January 21, 2003 12:48:25 AM

Post# of 432962
Corp_Buyer, Yours are some excellent proposals. These do not fall under the characterization of "shareholder revolt" which I also would not support but are rather constructive ideas for improving the relationship between the BOD and the ones they are supposed to be serving. If you've got more ideas on how to effectively accomplish this, I'd like to hear them.

I also am cautious about any action that could upset in any way the current proceeding agaist ERICY. I will say however that I have noticed for several years, whenever the ASM is approaching, there has been some dissent brewing, often times over this same subject, and there ends up being some event happening (one year there was much speculation that a settlement was imminent) that causes everyone to hold back until the outcome is known, or a new licencee is announced. If my recollection is correct, it was later after the end of the ASM that we learned that the terms of the license agreement were not nearly as favorable as we thought at first. Unfortunately, by that time management had gotten what it wanted. (Perhaps rightly so!)

One final note: I know that there are those that will attack me as an IDCC basher. I am not. I am long IDCC as I can afford. I hesitate to discuss these thoughts and opinions because of the extreme responses they generate. If I don't see more than a few that agree or at least want to continue this thread, I will drop the subject for sure.

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