Wednesday, April 30, 2003 3:33:26 PM
Issuing 5,000,000 options if used for the purpose of expanding business and aquisitions ... or bringing in some new talent with incentives to produce (get more options based on achievements) is not a bad thing if that is what happens. But that is most likely not the case. I am not for expanding 15 executives waistlines ... nor their wallets at this time. They should put it in writing what the purpose of their request for 5,000,000 additional options is and guarantee it in writing. Maybe at that point it could fairly be evaluated as to whether it should be voted up instead of down. I for one am against it. Interdigital presently has enough options to work with. If they are anything like the government then we're in trouble. I pay about 2¢ for the same screw that they have been said to pay $1.00 for (ficticious number). But it is known that the government has been buying things for inflated prices. I hope IDCC doesn't just give options away just to give them away and also I would hope that they are squeeking when they make their deals. They can't be so easy to give away options, overpaying every step of the way.
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