Management has no concern for shareholders. How could they have released the news today during market hours without a trading halt? This was material news that was going to have a significant impact on the stock price and instead of halting trading to disseminate the news, they release it and allow anyone with sell orders get taken out without a chance to stop it. Day traders had a field day at others expense. I feel sorry for anyone who had sell orders in today. And before the speculation starts, none of my shares were for sale and still aren't. I just think they should have more concern for investors in the company and by their history it sure doesn't look like it.
Release today's news during market hours only a day after the agreement and yet tomorrow hold a cc before the market opens? What could the reason for this be? I hope management has some answers and they don't just gloat about how they now have another $250 million in the bank and years of litigation ahead of them. Nothing is ever resolved with this company.
They have soooooo muucccchh potential and yet always fail to achieve it. They settle on the courthouse steps with Ericy without resolution, they settle again on the courthouse steps with LU without resolution, they settle with Nokia and give away hundreds of millions because Nokia files a frivolous appeal. Management sure sends a strong signal to the thieving bastards, stealing and stalling does pay when it comes to dealing with IDCC.
I would love to find out tomorrow that since the 1999 3g agreement is now toast, I would love to see IDCC file an infringement suit against Nokia tomorrow. Ask for an injunction and file the suit in Texas. Management please show us why you just forgave a few hundred million.
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