Wednesday, June 20, 2012 5:34:19 PM
Jim re the $230m note decision
I'm glad you sent that info to brokers and analysts. Perhaps something good can come out of a poor decision. If brokers and analysts hold IDCC's management more accountable for their decisions, especially the bad ones, then maybe they will do a better job at basic decision-making in the future. When they were called out on it at the Annual Shareholder Meeting by a shareholder, they could offer up no rational explanation or justification for the convertable note decision. I think that increased accountability for one's actions and decisions tends to help bring out the best in people.
I'm glad you sent that info to brokers and analysts. Perhaps something good can come out of a poor decision. If brokers and analysts hold IDCC's management more accountable for their decisions, especially the bad ones, then maybe they will do a better job at basic decision-making in the future. When they were called out on it at the Annual Shareholder Meeting by a shareholder, they could offer up no rational explanation or justification for the convertable note decision. I think that increased accountability for one's actions and decisions tends to help bring out the best in people.
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