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twelvebees

05/06/03 9:16 AM

#23096 RE: ams13sag #23094

AMS, If news about Nokia-Samsung does not come out this week, Howard will make a definitive statement about it. He will not say that is possible that it will go to arbitration. Otherwise, the option plan and even his election to the Board will be jeopardized. He is a cautious guy and would not take that risk. JMHO

wireless_wazoo

05/06/03 10:32 AM

#23124 RE: ams13sag #23094

From Page 24 of the original proxy statement of the 2000 Stock Award and Incentive Plan already approved by shareholders:

"The exercise price of an option and the grant price of an SAR is determined by the Committee, but generally may not be less than the fair market value of the shares on the date of grant, except the exercise price of a non-qualified option my be set at less than such fair market value if the Committee determines such price to be appropriate in light of extraordinary circumstances."

Would a buyout constitute an "extraordinary circumstance"?

0nceinalifetime

05/06/03 2:18 PM

#23221 RE: ams13sag #23094

Ams, if the 5 million extra shares are approved (and I believe they will be), do you see any way that investors can determine the approximate dates that the bulk of these options would be based on (for purposes of determining strike price)?

I ask because I see a potentially very profitable IDCC play here if one assumes that the share price will once again work to managements benefit and be low to achieve a low strike price. What do you think?

Once