InterDigital Inc (IDCC)

[frobinso]

One of Warren Buffets main criteria for selecting a company to invest in is to have a responsible management taking actions that are non-dilutive to shareholders. It's the managements bloodsucking greed that has had people waiting for years, and some dying before ever seeing a return on their investment.

IDCC recently came to the feeding trough again, and threw out the surprise 15 million to pacify the circumstances surrounding their slothful actions, while they could have surprised the market by beating the expected numbers - yet instead they fed themselves again.

I have to side with CORP on his point and I could care less about the timing - it's the stinking truth and everyone defends their actions while the Holy Grail is always in the distance for the shareholder's but a perpetual fountain for management - if the company was run with Shareholder Interests in mind we would all be much wealthier by now.

I know - I have to shut-up because HC was re-elected, but I think his position and the compensation levels he has been responsible for is a total conflict of interest with Shareholders. We've all been through these conversations ad-nauseum - and I think the consensus was that CORP Buyer has every right to make a good point, just not over and over again.

There are many long-term shareholder,s that feel management is greedy and don't give a rats about shareholder's. HG stated it publicly that shareholder's fall below both management and other employees in the hierarchy - essentially at the bottom and it's obvious to some the company is essentially still run like a private company, owned by Harry Campagna - an independent director by title.