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Our cash flow will be all right for 2003 and 2004 depends largely on Sharp. I do not look for any additional 3g licenses until Nok is resolved.
I reiterate that I do not wish to reopen the past. The vote on #2 is about the future. I consider the rumored buy out, the added dilution, possible option expensing, the already large percentage of dilution and the general timing of management's request for additional shares to be the determining factors in the vote. The past is done and nothing can be done about where IDCC is today. The stock is doing fine and will continue to be OK unless arbitration takes place. The issue is how each individual feels regarding options versus cash going forward. I believe that too many unknowns exist to vote for the amendment at this time. What others believe is their business and they should vote accordingly.
Some believed that the mandate was issued by a buy out suitor. I do not believe it as I have posted this morning my interpretation of the operative facts.
I now must leave for the important matters in my life and play a round of humble or is that golf.
MO
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