Replies to post #22859 on InterDigital Inc (IDCC)

[0nceinalifetime]

Sophist, you are actually arguing for more options?

If this ballot measure passes it will not place IDCC shareholders in a favorable light. In fact, I would be willing to bet that IDCC shareholders will become the laughing stock of the investment community for approving even more shares for the pigs at the trough.

I wonder how many who make the argument that more options are good for shareholders are actually pawns of insiders who can't wait to get their hands on more grub?

Once

[The Count]

Sophist, I have requested an explaination

I left a polite message for Janet Point requesting more specific information. When I get a response I will share it here. For those who don't trust someone from the dark side, please call for yourself.
1 800 no wires.
If management presented a use that would benefit the company beyond the dilution, I'd vote yes in a heart beat. But assuming they have these great plans is a step farther then I'm willing to go.
Kinda like the old saying, if you have to ask, you can't afford it.

[blueskywaves]

You're welcome. You make a very good point. IDCC's management can do a better job of communicating. For example, I thought they blundered when they disclosed their the amount of their claims against NEC and Samsung. In the process they raised expectations unnecessarily especially among the individual shareholders here most susceptible to the vapors. At times they also came close to negotiating in public, a definite no-no considering how closely linked the Ericsson, Nokia and Samsung deals proved to be. Regarding the proxy, I don't think they could have provided the details you wanted without sacrificing management flexibility. I actually haven't seen a proxy in Corporate America that provide the details that you wanted.

In any case, IDCC's turn-around stage started with the 1999 Nokia deal and ended with the 2003 Ericsson settlement. Now that IDCC is entering the growth stage of its corporate development, we will probably see more improvement. As many have pointed out already, IDCC now has to attract a new group of institutional investors that is much larger than the small cap-oriented institutions that they have attracted so far.