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The_Net

07/31/06 11:18 PM

#163468 RE: j70k #163403

j70k, good post. Why wouldn't we get any take over offer considering the M&A's are undergoing right now in the wireless space.

Currently we are the darling of the shorts/hedge funds and my concern is what can be done to prevent the whip-saw action we experienced this past month. Buy backs and the prospect of new deals and a favorable arb decision has not deterred these forces from playing us like a fiddle. Selling shares by management will always be with us as long as options remain as a compensation tool.Options are a fact of life in today's business world, so to believe that this is the root of all evil is simply naive.The one event that would upset the short game is the evaluation of our company's enterprise value.What is our portfolio of patents worth to a have-not in the wireless game? Instead of a piece meal approach of licensing, why not find out what the whole is worth on the market place? Waking up to an offer considerably higher than the closing price would send a clear message to the manipulators that new licensing deals is not the only way to evaluate our company. Once the sam arb results are known, there would never be a better time to find out just what our assets are worth.This is of course JMHO.