"ITC implemented a strategy during 1993 of negotiation and litigation with certain entities which it believed were infringing the Company's patents. These efforts have resulted in patent license agreements with FIVE entities in 1994 and an additional SIX entities in 1995, the recognition of $28.7 million and $67.7 million of licensing and alliance revenue in 1994 and 1995, respectively, and the initiation of litigation with major telecommunications companies. The Company has also formed two business alliances based upon its TDMA and B-CDMA technologies."
... per the SEC 10K filing dated April 1996 !!
... And these licensing and revenue results were DURING the MOT AND ERICY litigations (which began in Sep. and Oct. 1993) !?
... Hmmm, don't we have even MORE "essential" IPR now than 10 years ago?
... And, isn't 3G rolling out NOW?
... Why does it seem like new licenses only occur as needed to fund huge new bonus plans, "employee development", "retention", increased D&O insurance costs, and increased overhead costs?
... Maybe HC is busy "saving" the company?
MO,
Corp_Buyer
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