One last thought on the shareholder meeting. Many of you glommed on to one posters view of the shareholder's meeting that in my opinion was misleading.
The rounds of applause from the Kool aid drinking non-business owning shareholders that apparently worshiped the BOD.... didn't happen. I remember the first round of applause was for the face to face shareholder meeting. Yes we like that, they the BOD as we have found out doesn't have to do that.
The second round of applause was for dividends.
The Apple license was not confirmed or denied period.
I don't ever recall the BOD saying the reason the stock is down is due to posters on forums.
All three BOD members owns significant stock. Cliff didn't try to mince words when he explained the reasons for not purchasing the stock. IMO they are all true. This stock has had a chance to go to zero the last 4 years due to the massive challenge in the PTO and the upcoming Markman. I hope they plan on purchasing when things settle. Would the stock appreciate that much with all the known factors just because the BOD buys shares on the open market. Didn't work when RG bought shares.
As for the Stan Caplan remark about the a 10% percent raise so they could afford to purchase shares or that we start a shareholders fund drive to help them out was in jest.
I am just pointing out that impressions of what happened can be percieved differently. I don't drink Kool aid and I do own businesses.