glenny: the only thing I can say to that is: IDCC management and BoD has shareholder value to look after....if for the only reason that it is in their best monetary interest. They are shareholders/option holders also.
Glen. RE:BARCLAYS In theory I agree...Here's the problem... From a purely practical perspective firing them at this point would be counterproductive. It definitely would not increase shareholder value.
Reasons: 1.inevitable Litigation with Barclay
2.FUD-as a result of Delay of Deal-process F Fear of- NO DEAL U Uncertainty- of who and if somone would take their place D Doubt- that a deal would ever get done.
Disgruntled investors would exit Shorts would be all over this...
RE:IDCC's pat firewall response to investors It's all they can do publicly at this time.
What we can hope is behind the scenes they are all over them. We can hope that they are diligent at watching every move Barclays makes moving forward.
My concern is that IDCC will be bullied and intimidated by Barclays. What is clear to me is that IDCC does not have a strong record for monetizing their assets . ( ie Apple) They need to sell the business to a larger concern that will accomplish that objective. That is the ily way to increase shareholder value at this point.
IDCC and Rodney Dangerfield continue to have one thing in common... "they don't get no respect"
glennymo: I agree. The BOD and Management is looking out for their own interests first.
They are looking to get as much as they can from a buyout or alternative plan. This includes cashing in their RSU's, compensation plans, etc., etc., that they have granted to themselves over the years.
Shareholders will benefit from the BOD and Management taking care of themselves as a residual from THEIR taking care of themselves.
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