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Re: Corp_Buyer post# 21873

Wednesday, 04/30/2003 12:23:56 PM

Wednesday, April 30, 2003 12:23:56 PM

Post# of 432730
Corp_Buyer, Good post.

One clarification
IF you want to maximize the return to YOU on your investment in IDCC stock then vote NO. Management proposes that you earn a return on less than $0.62 (that’s 62 CENTS) for every DOLLAR YOU have INVESTED in IDCC stock. The rest of YOUR return will go to employees. So, if you want to keep the gains on your hard earned after tax cash investment in IDCC stock then VOTE NO. Otherwise, in effect 38% of YOUR gains will go to employees.

This sounds like you are saying that management is providing a 62% return on your investment with the dilution, when you meant to convey that management is letting you keep 62% of your invested capital (cost +/- gain or loss) by their dilution.

I think this would be clearer (changes in bold)
Management proposes that you keep less than $0.62 (that’s 62 CENTS) for every DOLLAR YOU have INVESTED including the change in price in IDCC stock.




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