Replies to post #32446 on InterDigital Inc (IDCC)

[Sammdogg]

The second guy who spoke in defense of espy was named Joe (didn't get the last name)

When asked why we settled for 34 million Harry looked for someone to take the question, I think Merritt deferred or looked unready (that's a memory part, not notes) and Howard stepped up. He gathered himself and said it was a business judgement, he said he couldn't share everything but it was a risk judgement. He said the deal was a momentum builder and that Sony/Ericsson would have been separate from Ericsson. (I think this inferred that we'd have to go after them seperately in the courts). He also said you never can tell about a jury trial.

[bulldzr]

Dish, Thanks for your thoughts and recollections from the ASM. Coming from you, a long term fellow poster, your thoughts are important to me.

Now, at risk of raising the ire of some here...am I correct in my reading of your summary that Howard didn't comment on the companies goals for "licensing" and and "collecting revenue" on those licenses? Lots of stuff about growing products and broader range, and deeper core competencies....but was there anything about the strength of our present core competencies and ipr, and the company's realistic expectations of collecting on it?

Your own words..."The balance of his response was expectedly unresponsive LOL." Again, thanks for your input...but that type of response at the A-Shareholders-M, coming from the CEO of a company that "most" all of us here have significant "cash/shares" (not options, teecee) invested is somehow not too funny to me.

Thanks again dish, I love IDCC too.

[JimLur]

Dish
You said"The message I got from the structure of the meeting is that Harry is an active CoB relying on Howard and Rip to run the company. No matter what you think of the personalities, this separation of duties is to our benefit.

Glad to see I'm not alone in thinking this is not a part time job for Harry.

I was standing in the back of the room waiting my turn to ask a question when Mr. Espy (sp?) made his lengthy anti-prop 2 presentation. I was a bit surprised at his earnestness in light of the proposal's previously announced resounding defeat - seemed like piling on. Espy was followed by another anti-2 speaker who made a speech and left the microphone saying he had no question - when he tried to return to the mike, two fellows tried to pull him away. The second guy ended with a threat to Harry over his reelection. Both of these speakers ignored the printed rules for shareholder questions. Silly stuff, IMO.

I thought the same thing about the piling on. When I spoke with ESPY he seemed very sincere about helping IDCC and I tried to open the door for him. IMO He had the chance when he spoke at the ASM to suggest some type of help he could afford but chose to talk about a proposal that was history.

Bottom line is a few think he could help IDCC but in my conversation with him as well as his friends led me to believe our management team is doing just fine. I know a lot of shareholders that own many shares and none of them would suggest how to manage this company.

In their words not mine they tell me If I didn't like the investment I would be gone.