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dshostakovich
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The following message was updated on 12/17/2011 5:57:58 PM.
In response to msg 60417 by randallmcm ignore topic, view thread, thread start
Re: BOD plan started long before July 19, 2011....
randall....If my memory serves me, IDCC Bill Merritt announced their intent and wish to "improve shareholder value around Jan 2010 and it was around this time that they removed the poison pill, opening the doors to buyout possibilities. I think both the CAFC and DOJ are the present roadblocks and either one (or likely both in short succession) will move the pps to where we would like to see it. For a long time, the shorts controlled the stock, then they covered and now they're back along with the uncertainties that persist. No need to worry though. It's undevalued as is regardless of CAFC or DOJ outcomes. All the call buyers have hurt the pps because their positions didn't come to fruition in a timely way. You are absolutely correct that management's plans to increase pps value began long before 7/19/2011. My hat's off to management that has taken pro active steps to move the pps up nearer to where it belongs. Many companies and management would not have taken such steps.
IMA
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