I am more optimistic than I was six months ago. Last September we did not have the judge's flaming damnation of Turrini, Daic, Pattin, and friends, which has since last month put them on the receiving end of an unlubricated colonoscopy probe. The telecomm industry is literally in a death struggle for ways to serve a customer base that demands a 100% increase in capabilities every 18 months, against the background of metaphorical concrete walls hemming-in the finite RF spectrum. LightSquared's entire multi-billion dollar investment is crashing down and the 923 Patent could save them. I have no technical degrees and even I know that CLYW's technology is almost boundlessly valuable. Just the payments for back unauthorized use total in the tens or hundreds of millions of dollars.
The flip side, of course, is the combination of bad faith and stupidity. Many are now involved behind the scenes working to defraud us shareholders of the money that the patents are worth. The court is the court and knows as much about telecomm as fish know about space travel and without proper guidance may well sell the patents out from under us. Daic and his allies are on court record as allegedly having tried to steal the company before. And many stockholders are in danger of becoming a herd of panicked sheep, running, wild-eyed and drooling, from one end of the pen to the other in mindless fear.
It's a waiting game, but a far better one than before, I contend. The professional thieves that bedeviled us for years are now in the same pen as the rest of us. This case will take months to unravel, maybe another year. So what? We are now far likelier to meet next year in Las Vegas than we were before. Make mine a Manhattan. Two cherries. For my lovely bride, Southern Comfort, straight-up.
