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Conservatively, I used the following numbers for the top 7 (which comes out to just over 42 million households. At .53 per share, the following comes out to just over $1.8bn, at .75 it's $2.6bn, not including treble damages for Comcast. It's important to keep in mind, again, that tech was rolled out to all subscribers in a month, it likely took years. But also keep in mind that subscriptions to cable have been going down steadily in recent years as well.
Comcast 19,900,000
Charter 15,530,000
WOW 518500
Cox 4,132,000
Atlantic Broadband 410,921
Cable One 818,330
Mediacomm 829,000
I'm not sure how accurate the above numbers are, however. If you google Top 10 cable providers, you'll find the following link of "estimated population covered" which would include coverage per person, rather than household? Not sure how they know how many people are in a household, though.
https://broadbandnow.com/Cable-Providers
Good for you. I admire your discipline. I know people in their 30s, 40s, and 50s who still live like adolescents with absolutely no discipline or direction. I know you'll do well with UOIP, and I'm sure you'll have much success throughout your life. I hope you'll always be proud of your accomplishments, but remain humble. Obviously, you were smart enough to recognize a great opportunity and seize on it. But always remember there is a certain element of luck required, generally being in the right place at the right time, for most of us who didn't win the ovarian lottery to achieve success.
I get that. But the average jury award is 1%. Fifty three cents per box per month is about .7%. And again, their insurers are picking up the bulk of the tab.
Honestly, if .40 or .50 per box per month would bankrupt any of the 13, who have been charging $40 - $75 per box per month for the last several years, should they really be in business?
Remember, their insurers will be picking up the tab for a good chunk of the damages.
I've had enough of the delays. Hopefully, there will be no delays in payment.
I would settle for $5.00.
According to Cox's latest filing, "Chanbond is asking for a lot of money."
Actually, that's the mid-range, around .53 per box per month. I came up with $5b at .75 per box per month for the top 7 at current subscribers.
I think Rockie was talking about the June 22 delay due to Ying's vacation.
The judge basically agreed. It doesn't sound like it has to do strictly with the June 22 date, but the June 5 pre-trial date as well. So, we wait longer and Carter asks the jury for more money because of all of the delays.
I think Carter will hold his ground at a higher number per box, given the delay tactics.
"Ms. Ying & Mr. Blumenfield have been an integral part of our team since day 1 so I suspect they'll have a significant role during the trial." But then they asked for the August 18 trial date to be continued to November in favor of Mr. Melsheimer's calendar immediately after the hearing.
I like this state from Andrews in response to Padmanahabhan's response when Blumenfeld deferred to him: "Whether Delaware lawyers were going to do something in addition to being Delaware lawyers..." lol
The tactics of the 13 and their attorney is what leads me to believe they won't settle Cox before trial.
If at .53 with a 3rd of the cable modems currently listed over 6/6.5 years, the numbers come out to PhilHump's WAG.
No, I think it would probably be stricken from the record, and the jury would be asked to disregard.
The most acceptable point would be to emphasize how long the inventors have been deprived of any revenues they should have gained from their patents. Chanbond could point out the communication between Chanbond and Comcast for several years (I believe it was 6 years) in an attempt to resolve the matter before filing suit, for example, highlighting the patience and reasonableness of the patent creators, and pointing out the missed opportunities for the patent creators in building on that wealth over the years. They could mention delays in litigation in general. Highlighting the numerous challengers and wins for Chanbond and Chanbond's acquiescience to numerous requests for continuances over the years so the 13 would have an opportunity to put forth their best possible case would be far more effective in my opinion.
If the delay was due to the defendant in a civil suit requesting vacation, that might be a different story. But I don't think the judge would allow Chanbond to call out the attorney for the defense. At the end of the day, it was Andrews' call anyhow. Though, I'm not a legal expert. But I believe any dispute with the Defendant's attorney and the handling of the case overall would be a matter for a separate trial between said attorney and the defendant. I don't think defendants have a problem with her performance thus far, though to me it seems more artistic and strategic.
I crunched the numbers before for the top 7 using current data. It's mind-boggling how much .53 cents a month per modem can add up to. Keep in mind, though, that the numbers have waxed and waned over the years. Cox didn't start with 21 million Docsis 3.0 modems deployed in 2008. Probably, they rolled out the new modems gradually over the course of the first few years. Even if you cut the number of modems in half, though, we're still looking at some pretty huge numbers.
I'm trying to keep in mind that it's a requirement of the court that the parties attempt to reach a settlement, so Carter can't be completely unreasonable. I think that's why Chanbond's expert witness gave such a broad range -- perhaps it was a signal to the 13 that Chanbond is willing to negotiate. However, .23 per box per month is still a lot of money. It could be that the 13 are being unreasonable.
"Released?" I'm not a conspiracy theorist, but this virus has been traced back to Guangzhou in September 2019 by European health organizations (I also follow traders from China who were taking about it in the fall) just a few weeks after the Chinese government asked the US NIH lab studying viruses nearby to shut down because the lab was having difficulty disposing of the viruses after they were finished studying them.
Personally, I'm tired of waiting, too. I want to see justice done just as much as anyone, but what choice do we have? I like to think, and truly believe based on the filings, that everything is in Carter's hands (despite this delay with Covid, and the fact the 13 think they're in control), and I have faith in Carter based on his track record. It's tough on all of us longs, but Carter and the patent creators are bearing the brunt, so if they can hang in there, I'm good.
The problem with this virus isn't even that the mortality rate is much higher than the flu, but the lifelong problems people who survive are stuck with. My neighbor, the ER nurse, said the lungs of survivors just look like pickles after they recover. And then, even if a test comes back negative, they could still have the virus because tests are not accurate, and they end up back in the hospital. Many patients who end up on ventilators end up with kidney damage and face dialysis for the rest of their lives. Many patients end up with multiple blood clots, so they end up having a stroke or embolism, sometimes weeks after they recover from Covid.
People have to cooperate though, if we're going to get this under control. I just can't believe that miniscule little mask hill is one so many people in the U.S. are willing to die on. It's unbelievable.
Andrews can't approve an appeal. The appeals court judges will decide if the case merits an appeal. It won't merit one based on judicial errors because of Andrews depriving the defendants of due process.
Yes. But that's smack in the middle of flu season, and I doubt well have a vaccine for covid by then. I'm sure there will be another continuance.
Believe me, I'm one of those on the board who isnt getting any younger, so I would love to see a settlement soon or trial by year end.
Our side being ever so gracious is why any attempt to appeal will be denied. It can't drag on forever.
But if you end up with 2 or 3 times as much, will it be worth it?
I've been thinking lately, we've waited this long, what's another 8-10 months?
I believe you're right. And Cox will file an appeal 89 days after the verdict, and they will lose the appeal or be denied. So it will be May 2021 at the earliest for resolution of Chanbond v. Cox.
Big whigs attorney or no big whig attorney, the providers are going to lose. I think Carter will take this to trial. My provider, one of the 13, has a terrible reputation for service. Internet just crashed in several counties in my area. Tens of thousands of complaints within minutes. The carrier I had previously, Comcast, didn't have as many outages in the area I lived in, but they charged an arm and a leg.
I bought one I thought was at bottom support last fall. Then it dipped a little. I held it for 4 months pending news before I lost my patience and sold beginning of January to free up the cash. Damn thing exploded north 300% the next day. lol
No. Defendant asked for a continuance until Novemeber, the date they wanted to begin with, and Court is closed. No reschedule.
I think it boils down to Carter's expectations at this point. The defendants know what their odds are, and they're not good.
I think Special Needs makes very valid points as well. I'm just going with what I've seen in the filings so far -- Plaintiff and Defendants seem to be too far apart on valuation. Indeed, expert witnesses on valuation present an extremely broad range. I think the Cox trial will be the bellwether. The judgment will come in much higher than Cox's number, maybe a bit lower than Carter's, maybe not.
I don't think settlement negotiations have ceased, since it's a requirement by the courts. However, the attorneys for the 13 have been threatened appeal too many times for me to believe Cox won't go to trial. I think they will use this as they intended, a bellwether, and try to appeal before we see a settlement with the remaining 12.
I pay all of my bills that way - when I absolutely have to.
So why ask for a continuance? Why not just settle?
They're not going to pay until they have absolutely no other choice.
They're likely thinking the same about Chanbond. They're probably assuming they have the upper hand at this point.
Yeah, but I believe the court was shut down complete right after she filed until further notice.
The courtroom may be large enough, but the jury room is likely packed, since the pool the jurors are chosen from tends to be about 2 1/2 to 3 times as many people a they need. And the court filing mentioned employees and jurors using public transportation.