RE:They Are There.....But Should They?You pretty much nailed it Shackle. Either they are handling this poorly or their body language is telling you that it is past that point,and it no longer matters.
Many companies from time to time will get themselves in a variety of situations that could scare off customers and potential customers. If it is a storm that they plan on weathering then they send out the damage control unit to paint it as a longer term positive, everything is stable , don't worry you have my word, and a variety of other "rah-rah-rah" that is not limited by the imagination.
IDC has not done any of that at all. In fact they are allowing it to look worse then what was publicly necessary. They did not have to put out a PR about a committee or about any type of preliminary talks. Neither one of those are material until some form of tentative binding course of action comes from it, and that is what would have to be make public.
It really seems to me that the "event" behind all this happened back in early January and from that point in time the outcome was cast in stone. Given that select share holders dumped, the CEO just walked and this committee does not seem to care what the public perception of all this is, tells me that the news you are waiting for is ancient history to others.
So, make up your own mind. Are they just publicly foolish in the way they are handling this, or is their body language telling you that it is already long since done, and it no longer matters what anyone thinks of this any more.