InterDigital Inc (IDCC)

[The Count]

2112, regarding trusting management

Those who believe in management, must believe that the options are in the best interest of the company. What everyone seems to forget is that NO ONE knows if mgmt is deserving of increased compensation (if in fact that is what they are attempting to secure) since NO ONE, knows what the hell is going on re NOK, SAM, 3g licensees, etc.

There is a group that does know, and that is management. However, they do not tell us enough to make a reasonable judgement. I have trouble assuming that everything is peachy. I trust management to do their best for the company. I also understand that management is human. They want to do the best for themselves as well. When it comes to a decision on how the capital of the company is to be split up, I'm going to exercise my right and vote. I want to know what they've accomplished and not assume there is a pot of gold behind door number 2. If we can wait for the information, they can wait for more option shares. I promise we have enough shares to handle the next year. What's the rush?

I trust my kids, but I still get answers to questions before they go out the door. I don't give them my credit card or my ATM code. I would if it was necessary, but just because they ask? Not me. When I did audits, one comment that would send up red flags is "trust me, there's a good reason for that."