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ams13sag

05/03/05 7:25 AM

#104746 RE: spider69 #104743

Look at the most recent information presented to shareholders. The majority of meetings attended to by Harry was compensation committees. The result a 100% increase in compensation, a bypassing of shareholders wishes.

The question is can we do without the dry cleaner, the answer is YES YES YES.

I wonder what wonderful direction a director aged in excess of 71 manages to bring to a high tech, bleeding edge company, he gets very well remunerated for the little he contributes in his retirement, in between sing songs and rounds of golf. Still as a noddy man Harry likes him.

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sailfreeee

05/03/05 8:01 AM

#104749 RE: spider69 #104743

Geez Spider:

After reading Ronnie's post, that was exactly my question.



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Learning2vest

05/03/05 8:04 AM

#104750 RE: spider69 #104743

Great insight with that question spider. As a shareholder, I work hard to stay informed on the progress at InterDigital. Have to confess that I have no comfort level what-so-ever that I could; 1)- do a better job guiding the company than any of the current directors, or 2)- make informed decisions on their performance, vote them out, and find more qualified replacements.

IMO it's folly for ANY shareholder to think they are qualified to do that, so why would a vote of ALL shareholders be qualified to do it?

I think the obvious answer to that question is that we would not even be talking about such a thing unless somebody with an agenda worked hard for years to get that topic into play. Worked hard in this forum, through direct contacts, and perhaps in other more public forums to set the stage. Now we see somebody employed at a M&A firm asking us to vote on a change in the way IDCC protects our investment interests. To seriously weaken IDCC's anti-takeover defenses. Sure looks like somebody has a plan! IMO a plan with a pretty transparent objective no matter what he and his group of cheerleaders say to the contrary.

IMO they know that we are not qualified to make strategically important decisions like that, so they use aggressive sales tactics to create doubts about the current management, to appeal to our basic emotions(mostly greed and fear), and then seek to move us into doing something they want us to do.

It's been amazing to see just how effective that campaign has been so far, and I shudder to think what might be coming next. One thing I am expecting is seeing them stay around for as long as it takes to get what they want or be priced out of the market by good news at IDCC. Begining to believe that stuff like this "comes with the territory" when we are fortunate enough to own a slice in an undervalued asset like IDCC appears to be right now.

Watching that unfold as it has is what worries this still unmoved, and still "unqualified", IDCC shareholder. I feel like I'm watching a few folks with an obvious self-interest take over the conversation and start churning a group of pretty savvy investors into a lynch mob.

"Yikes!,... Hello, ICC. Any time now, PLEASE!" (not exactly "LOL" this time)