Replies to post #17916 on InterDigital Inc (IDCC)

[postyle]

Menander,

It is apparent that you are irrational when speaking of this issue.

The "core issues" you reference are not that of the long-term investor who expects a healthy return on investment based on a fundamental growth in earnings over time.

The evidence points to a corrupt conspiracy of the existence of a perpetual option-granting machine manipulated by only two Board Members.

This is not evidence of a conspiracy. It is a transaction log of executives who have liquiditaed some of their holdings.

As for my "attempt to off-handly dismiss the core issues" -- I really don't know how to respond to that.

Your issues are based on emotion and an abecedarian appreciation for the complexities of executive compensation. I'm not even sure what point you are trying to make when you say...

"Many members of this board own more shares than do management menbers [sic]"

I have been quite clear on this board (and the former club board on Raging Bull) that there is a distinct difference between being opposed to excessive compensation and being opposed to the selling of insider holdings.

Please take the time to differentiate between the two, and then you might be able to follow my reasoning.

Warm regards,

postyle

[Dishfan]

Menander, your data is incomplete.

If you look at the Proxy Statement of last April (a new one is coming soon), you will see that these insiders actually hold many more shares and options than listed on the form 4s.

There are 15 "insiders". As of last April they held 3.47 million shares and exercisable options. That's an average of 231,000 shares and exercisable options each. There are not many on this board who own that much.

And, that does not include options that had not yet vested.