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, the entire 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