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Danny Detail

05/28/03 5:51 AM

#28765 RE: loophole73 #28739

Loop .. Many of my friends have left over the years and you are right because management, including present day, was the reason.

I figured if we kept poking away at each other that we would agree that lack of confidence in management is a primary sell signal for most investors. Guess I'll stick around now although BSW's offer to take all the money IDCC has paid him to post on #2 and start a whole new internet site for professional money managers only was pretty tempting (ggg).

Skeptical rating remains a 4 on a 10 scale with 10 being the most skeptical.

I can understand how you personally got to a "4" in terms of confidence regarding IDCC management and I can certainly appreciate how any investor at "4" would want to hang in there with this company at this point in time. I was about a "4" immediately before the CC, and, based in no small part on your comments at the time, was headed toward a "6" or "7" which would have definitely been "pull the pin" time for me. After listening to the CC and reading the Annual Report I'm back in my comfort zone at a "2" or "3." I had you pegged at no less than a "7" right now and am glad that you are only at a "4."

I do not know what the "O" word means and cannot comment.

The "O" word is my euphemism for options which has become a cuss word around these parts. Since I promised my beautiful and brainy wife to cut down on my cussin' I had to come up with a substitute when discussing opti ... er, the "O" word. Ooops, almost had to throw another buck in the cuss jar LOL. From my post:

You have also stated emphatically that they don't need any more of what they have emphatically said they do need to build shareholder value .. the "O" word.

Off to Boston this morning for a couple of days to see my daughter's four kids ages 1 1/2 to 9 1/2 who are all set up to play the "let's see how fast we can get Grampy totally exhausted" game once again.

Later.








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Clarence

05/28/03 12:03 PM

#28816 RE: loophole73 #28739

OT Loop - You said
"The BOD continues to like getting their money in advance as evidenced by the Ericy licenses. 24 month pre-payments are encouraged via discounts. I do not mind that they are treating the request for the amendment as they do the licensing."

Hmmmm. That is to say, that if prop 2 fails, they will offer to settle with us by asking for only 50,000 shares next time.

[Sorry, couldn't resist]