Wednesday, April 30, 2003 3:07:49 PM
Dishfan, that's what we call a "House of Cards" argument around here. IDCC is not trading at $166-share / $10Billion market cap. It's trading around $20 with a $1Billion market cap. Therefore your arguments are nonsense.
What if IDCC had a TRILLION dollar market cap? Then I guess management is underpaid, right? See how stupid that sounds? Deal in fact please, and not silly-talk. Too many IDCC investors start speaking gibberish when discussing IDCC and take assumptions as foundational fact on which to base decisions.
The same arguments were used to bash me the last time this topic came up -- "NOK will sign and the stock with be worth $100 per share, so management deserves it." Well I am still waiting for all of that to happen, and from where I sit it looks like everyone who voted for the increased compensation package was taken to the cleaners (no pun intended) by IDCC -- and they took everyone else with them. So now you want them to do it to you again? It really makes no sense.
What if IDCC had a TRILLION dollar market cap? Then I guess management is underpaid, right? See how stupid that sounds? Deal in fact please, and not silly-talk. Too many IDCC investors start speaking gibberish when discussing IDCC and take assumptions as foundational fact on which to base decisions.
The same arguments were used to bash me the last time this topic came up -- "NOK will sign and the stock with be worth $100 per share, so management deserves it." Well I am still waiting for all of that to happen, and from where I sit it looks like everyone who voted for the increased compensation package was taken to the cleaners (no pun intended) by IDCC -- and they took everyone else with them. So now you want them to do it to you again? It really makes no sense.
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