6:00 PM -- You've got to hand it to Motorola Inc. (NYSE: MOT) CEO Ed Zander -- he knows how to perk up one of those stuffy investment conference lunches.

Today at the Citigroup Technology Conference, Zander got into an entertaining exchange with a fund manager about Motorola's intellectual property portfolio and a mysterious "dinner with Chris." (See Zander Gets WiMaxcited.)

If you are feeling petty, gossipy, or perhaps bored, theentire exchange is recorded here in the Webcast (it's at time marker 34:14).

Here's the entire exchange:

Joan Lappin, Gramercy Capital Management: "Ed, two questions..."

Ed Zander: "Hurry up, hurry up!"

Lappin: "You painted this picture that there was no IP when you got there, which is absurd, because a lot of the products you've ridden the last two years were there when you arrived... so in that context..."

Zander: "Joan, look, I know you had dinner with Chris and everything else and he fed you the question..."

Lappin: "No, he didn't feed me any questions."

Zander: "Do you have another question here? I'm not going to answer your question."

Lappin: "The question is..."

Zander: "I'm... I'm... I'm not going to answer your question.

Lappin: "The question is, do you consider Q to be a wow product ...

Zander: "Can I..."

Lappin: ".. Or a flop."

Zander: "Can I move on? This woman is conflicted and I know about her, she's a troublemaker, so let's just move on."

— R. Scott Raynovich, US Editor, Light Reading