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3GDollars

07/08/04 12:38 PM

#74799 RE: jai #74797


This is a mixed signal. Put a buyback in place to tell the street that you beleive the stock is undervalued then key insiders sell telling the street the stock is overvalued.


Make one wonder the timing of the buyback.

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my3sons87

07/08/04 12:42 PM

#74800 RE: jai #74797

Jai, I agree with the idea of selling sending a bad signal. But we add more fuel to the fire with our verbalized discontent.
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GAB

07/08/04 12:56 PM

#74802 RE: jai #74797

I think its a positive sign that only four individuals have sold in that time frame,(thus far). Its not like there was a wholesale bailing out for a business specific reason.
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Elivis

07/08/04 1:58 PM

#74804 RE: jai #74797

Jai, while most people on this board tend to be extrememly risk tolerant, we can't expect IDCC mgmt to have the same tolerance for risk. There is a lot of uncertainty today - that has absolutely nothing to do with what is going on specifically at IDCC or in the wireless telecommunications sector. I know I have taken some money off the table recently (not any stock in particular, but just equities in general) because I'm a little nervous about the future of the economy and I have kids heading off to college next year. And, I consider myself extremely risk tolerant. If these thoughts are going through my mind, you can bet they are going through the minds of some IDCC management, regardless of how well the company is positioned for the future. We could settle Nokia and Samsung next week, followed by another terrorist attack the following week and I bet we would remain under $20/share.