Wednesday, October 12, 2005 7:18:40 PM
IDCC Selling Puts...I said it a few months ago and it's more true now. This company, if it thinks it's going to receive a quarter of a billion dollars in the next 6 months or so, should be selling puts on the stock. They can sell January 2007 puts struck at 17.5 for more than 2.50! If the company doesn't want to repurchase stock at 15 then we are in a heap of trouble. Has anyone (besides me) suggested this to Janet? I did, she promised to "pass it along", and I have heard nothing. I would LOVE to have addresses and/or email addresses for members of the board so that this concept (which many other companies employ) can be pursued. Can anyone help me? This investor is not going to sit back while the stock gets marked down and do nothing. Let's stop yelling at each other and start yelling at people who can actually do something constructive. If you prefer, my email address is chaspark@optonline.net.
Feed 'em when they're hungry.
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