Art, I'm not trying to be negative
I'm trying to be realistic. This is real money to me. I've bought IDCC, but it is not a lifetime commitment. When I perceive that the risk/reward ratio of the investment no longer tilts to the reward side, I will sell. The best way I know of to determine that is to ask the hard questions and analyze the information out there as objectively as I can. As a stockholder, my only contribution to the company is to exercise my right to vote on proposals put before us. I feel strongly about the stock option issue, so I'm trying to point out that the option and compensation package in place has been and is generous compensation for the skills, efforts and results achieved with what they had to work with. I'm not going to pay Jose Cruz the same money as Barry Bonds, even though they both play outfield and contribute to the success of the team. If they want to negotiate, I'd work to find a fair, reasonable, proportional and justifiable solution, but I would not just give them a blank contract because the Giants went to the World Series last year and are off to a great start this year.
Glad I'm not coming across as negative, because I am very long in IDCC and desperately want it to exceed Mickey's wildest dreams. However, wishing and cheering isn't going to make it happen. Other than my proxy, I have zero control over the future of the stock price. My intent is not use this forum to help my investment, it's to use this forum to help me understand as much as I can about IDCC so I can make wise decisions about when to buy AND when to sell my investment.
Raymond, you’ve got a good heart and I believe have discovered a great stock to invest in. Remember to be loyal to those that deserve it, your family and friends, by making the most out of your investment. Don’t be loyal to a stock – I promise you that no one at IDCC is thinking about loyalty to you when they make decisions, nor should they. If they were worried about being loyal to you, then they would be working against the person you bought from and sold to. Their job is to run the company to the best of their ability in an honest and ethical manner. Your job as an investor is to maximize your profits on your investments, taking into consideration your age, financial situation and risk tolerance. People who close their eyes to the bad things in life don’t avoid them, they’re just unprepared when they happen.
