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Re: Learning2vest post# 22367

Friday, 05/02/2003 11:32:35 AM

Friday, May 02, 2003 11:32:35 AM

Post# of 432794
"don't let the greedy InterDigital employees BUY any more of OUR company at THESE valuations!"

I haven't seen ANY posts like that. You speak of people giving twisted versions of the truth, and add a LOL, but the reality was that little tidbit is as twisted as they come. And very slyly inserted too.

The argument is "Don't let those greedy IDCC MANAGERS GIVE themselves more options at 1/3 to 1/5 these valuations."

I would be more than happy, and have said this since the last time we had to vote on the exact same subject, if IDCC had a different employee compensation plan / retention plan that allowed employees to BUY SHARES while receiving a very gracious match from the company so long as the stock is held one year and one day at the least. Throw in some cash bonuses too. Maybe a big fat Christmas present while they are at it. After all, IDCC WILL have "$8-9 in cash" by the end of the year -- and almost all of it will be worthless to shareholders just sitting in the bank -- so what do we need to have our investment and our vote diluted by 30% for?

Heck I would be just as happy if the money was invested by IDCC. They are supposed to be smart, they should be able to turn $500M into enough money to buy QCOM in 3-4 years. But I digress. sheeeeesh
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