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bulldzr

02/22/06 11:30 AM

#146059 RE: e5oo #146021

e500, "Unfortunately, the BOD ignored TC then,"

Not exactly true.

1. The company increased the compensation committee from 2 to 4, adding Shaner (new director) and Clontz, both with industry experience.

2. They replaced the CEO and promoted Merritt, and removed the COO and even the CTO has left.

3. They added 3 new outside directors, Kammins, Shaner, and Zabarsky, all with industry experience and contacts, and put them all on committees to tap their experience and maximize their influence within the company.

4. They placed two of these new outside directors with extensive experience in the industry, Shaner and Kammins, on the Nominating and Corporate Governance Committee.

5. They place two of these new outside directors with industry experience on the Audit Committee as well, Kammins and Zabarsky.

I don't think all of this was done in response to Carpenter's wishes or any other analyst's suggestions for that matter, but I certainly would NOT characterize these actions as "the BOD ignored TC then..." or "will continue to snub their noses at any type of accountability." Quite the opposite in fact! The changes to IDCC since 2003, just 3 short years ago, certainly don't sound like a company that is just doing "business as usual".

No offense but it seems that all too often you and some others here make these broad statements and pass them off as facts, when in fact they are not facts at all; just over- generalizations thrown out there to support your opinions.