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sinnet14

04/04/05 5:24 PM

#100858 RE: Dave Davis #100857

I would say he is getting shares ready for sale once the Arb news hits the market. IMO
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mschere

04/04/05 5:28 PM

#100860 RE: Dave Davis #100857

IMO:The "Guru's" would have picked up the fact that H.G. was sitting on 40,000 Options that were due to expire prior to the Official Notice from Paris..and then exploit the fact that H.G. had less than $6 faith in the IDCC stock price with 1,200 negative POSTS!..However H.G. probably is updated on these "Guru's" tactics..and "cut them off at the pass".He waited for the very last day, to trap them with a larger short position..We have been saved from reading some 200 posts on that subject from just Corp. buyer in the days leading up to a Nokia settlement.


From the Form 4, it looks like Howard had a 'window' to exercise these options between 3/31/05 and 5/30/05.

Any thoughts on the significance of exercising them sooner rather than later?

Perhaps he wants to have more shares 'on record' by April 14th for voting purposes at the ASM.

Just a thought.








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vg_future

04/04/05 5:30 PM

#100861 RE: Dave Davis #100857

DaveDavis, my guess would be tax. Now, he has to pay tax on a smaller amount (if he thinks that the stock has bottomed and will start to go up....that is a good sign too) which is the difference between IDCC's closing price on March 31st and the option exercise price (6.57).


-vg_future