Replies to post #17222 on Worlds Inc (WDDD)

[Lowhndcpr]

Good post. It's funny how WORX is up 11% and WDDD is down 9%. Looking to grab more!

[gibson256]

To be clear, I did not sell any WDDD last week. I was only stating the obvious about the risks associated with a company that will only be worth anything from the outcome of patent suits.
I also think that WDDD being a PE (as opposed to a NPE) will help it in the courts and in front of a jury. What happened to VRNG, though, is scary for all software companies (including WDDD) in the US. The battle isn't over for VRNG. The judges made a stupid decision imo. That just goes to show that the risk for WDDD is a judge or jury making a stupid decision. And now companies like ATVI have some encouragement to take this to the stretch...even as far as to appeal a lower court decision in WDDD's favor. So the VRNG news is very much relevant to the WDDD case.
I disagree that the only 2 reasons for not buying WDDD is because you are dumb or broke. One might just not need to take the risk or not have the risk tolerance that is required. But I think you were just trying to make a point...which I agree with...that last Friday's news created a good buying opportunity as opposed to being the time to sell out.

[postyle]

A company can be a pioneer in R&D, create its own inventions and patent them, yet still be an NPE.

Conversely, a company can buy other people's inventions and still be a practicing entity.

Retail investors and journalists make too big of an issue of NPE and other classifications for patent owners. The truth is there are simply no black & white categorizations that we can place each company into. The lines are blurry, and each company is unique and has its own model.

One of the biggest patent creators in the wireless sector is IDCC, a true pioneer of wireless standards. IDCC is an NPE for all intents and purposes.

VRNG may have bought the IPE patents they used to sue Google, but VRNG's own employees/executives/consulatants (Lang & Kosak) were the original creators of the patents having invented them while working at Lycos.

Again, being an NPE, a troll, a PAE, a PE, a pioneer, a profiteer, or any other classification of patent owner isn't that important. What's important is the quality of the intellectual property owned and the opportunity to assert the patents and monetize them.