InterDigital Inc (IDCC)

[blueskywaves]

Also, your logic that it is OK for any company to do something they know will not be allowed next year is astounding. The implication is that your type of thinking is a huge part of the reason why this economy has been in so much pain for the last few years.

Once again you're suffering from a lack of pespective and distorting my views in the process.

When the politicians dissuaded FASB from expensing options in 1994 they effectively created the equivalent of a government incentive for technology companies to get into the business of selling equity especially since the bull market was effectively paying a premium for cash flow generation and effectively discounting the resulting dilution. Again, pay attention to how the exercise of a stock option creates a cash infusion, a tax benefit and dilution.

That government incentive is now being phased out. You now think righteously that IDCC shouldn't even try to take advantage of that government incentive before the new rules go into effect in early 2004.

The questionable quality of that viewpoint stands on its own. LOL.