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0nceinalifetime

08/23/03 4:41 PM

#41831 RE: Learning2vest #41830

This is interesting:

" But they were in the lab and the hustler was out doing his thing. Buying patents faster than the engineers could invent things and rushing off to court to fight giants with anybody he found for cheap to provide counsel.

That was then. Those players are gone from KOP now."


I'm not surprised you think the lawyers in KOP have changed the game they play. However, there's not much evidence to support that view. Most of it is simply claims from IDCC management that they invented lots of cool stuff. But those claims have been IDCC's mode of operation long before most people here acquired their first share of IDC.

Then there are the IDCC hypesters who talk techno-bable as if they are actually qualified to determine if a particular patent is applicable to certain standards. I recommend those claims are dismissed as hype. It's simply impossible for a laymen to have any idea whether those patents will hold up to stiff legal scrutiny.

Most telling is that everytime IDCC gets close to being able to prove the essentiality of their IPR to a major wireless standard, IDCC backs down the last minute and settles for pennies on the dollar. I don't think this is due to weak management but to very crafty management who knows what will likely happen if they push their wobbly IPR too far. IDCC is like a house of cards. It gets built up until a little wind starts to blow and then it collapses again. Step back and look at the big picture.

3G will be no different at all because the claims that IDCC is all about 3G is just more hot air.

Once
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jaykayjones

08/23/03 5:52 PM

#41835 RE: Learning2vest #41830

L2V: "Howard is a straight shooting lawyer/cpa dude" ...

Nice story!

During the Q2 CC, do you think our hero knew about the insurance claim of $20 odd million? I seem to recall that it was only revealed in IDCC's 10Q filed immediately after the CC. IMO, two options, either it was deliberately omitted or the claim only came in the afternoon!

The pieces are out there. JK