Friday, July 27, 2007 5:13:05 PM
while we were watching on the side lines with no posts we witnessed spin and others make their own estimates about what the lawsuit would be worth and drove the price up on their own.
however, when discussing the topic of the potential "worth" of the claim against ABB, what was repeatedly pointed to was the RWT / INRA statements from court filings -- their own words! this is an example that is consistent with the others from that time frame:
ABB’s profits for just this one rival product (IRC5) through May 2006 soared to $58 million and are projected to reach $78 million by March 2007. Under the law, if those profits were obtained through misappropriation, they must be forfeited or, at a minimum, a reasonable royalty paid to RWT for their use. Fla. Stat. § 688.004.
thanks chunga -- wish it wasn't necessary.
hey Raynell1, does this language sound familiar? "The music will shortly break your ear drums!"
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