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sonetirot

05/23/03 11:31 AM

#27858 RE: hollerz #27852

I think you miss judge Jimlur. I believe on March 1995. IDCC lost to motorola. IDCC may foresee to have cash problem and may have offering option to existing shares holders to gain more cash. He did make a right call at that time to get option. He helped save the company for us all as far as I am concern.

It has nothing to do with present extra 5 millions shares offering to insiders (or ISO). JimLur will not gain anything from this voting events. He definitely has more to lose than me in dilution since he has more shares than me.


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0nceinalifetime

05/23/03 11:51 AM

#27866 RE: hollerz #27852

Thanks for posting that Hollerz, it helps me make more sense of the cult surrounding IDCC. If you go back to 1996-1997 you will find there is one instigator who is pumping interest in IDCC, Jim Lurgio. Now we see in 1995 Mr. Lurgio and his wife are disclosed in official IDC SEC documents as having beneficial ownership of over 28,000 shares as confirmed by the links you posted. It all makes sense now!

All these years he has been hard at work to try to create value out of those shares by trying to portray IDCC as being on the leading edge.

Once