InterDigital Inc (IDCC)

[blueskywaves]

Thanks, DD. You should post more often yourself.

but that can't possibly explain all of it.

IDCC Owners/Managers versus Owners. Greed? Jealousy? Hemmoroids?<g>

Do you remember when Congress passed a law in 1993 that limited the corporate tax deductibility of executive compensation over $1M? Talk about the law of unintended consequences! That law was passed amidst the public outcry for fairness in the wake of the S&L crisis, the insider trading and the junk bond scandals of the go-go 80s.

Of course, in 1994 the same politicians stopped FASB from expensing options paving the way for the 1995 Netscape IPO which started the trend of unprofitable dotcoms carpet-bombing the equity market. This phenomenon had the practical effect of completely loosening the restraints on executive compensation, forcing companies to bid for managerial and technical talent to record heights.