Thanks for the links - I just returned from Vegas and Hawaii, and was just catching up on the recent developments.
Hey, I think PTSC & TPL should take Fujitsu, et al, to jury trial as soon as possible. The case(s) have been pending in federal court since 2003 and is now just going forward with case management / discovery procedures. Its no wonder why the judge denied the extension for stay and has been handling matters telephonically. These fellas don’t need a stay to concentrate on settlement. From what I understand, settlement can occur anytime from the point of filing the civil complaint to the point before jury instructions (consult your attorney). Those boys at TPL are surely accruing attorney costs and fees - which in turn could be paid by Fujitsu, et al., upon the jury and/or Court finding in favor of PTSC/TPL.
In the meantime, TPL should be forwarding your article finding on RIMM to Fujitsu, et al., emphasizing that “In 2002 a jury determined that RIM had infringed on NTP’s patents, and the court granted the injunction ordering the shutdown of the BlackBerry service and banning the device’s sale in the U.S.” RIMM decides to spend more money on attorney costs and fees to have the case heard before the Court of Appeals and hopefully before the Supreme Court (which will never happen). Someone please tell me how often does a jury verdict is overturned on a patent case?? I imagine it is very rare.
On 4/5/05, RIMM reported revenues for FY ‘05 to be $1.35 billion vs. $594.6 million in the prior year. And recently, RIMM reported 2Q revenues $490.1 million, up 8% from $453.9 million in the previous quarter. Sounds like business is good for RIMM and its stock should be in the range of its 52 week high of $103.56 instead of the lower range of $60.00. Per your 10/10/05 article finding, “News of the rejection sent RIM stock lower, to close down 3.4% at $64.55..” As of today, RIMM’s day range is $64.33 - $65.94. Do you think its to RIMM’s advantage to spend more money on attorney fees to drag this case out, or, fork up the $210 million in damages ? Wow !! 8.55% x ___ years = A lot of money, honey !!
And as to Samsung, after losing costly battle w/the DOJ, I highly doubt Samsung could afford to do legal battle w/TPL & PTSC.
Aside from the recent developments previously mentioned by TPL and PTSC, a couple of things to watch for in the coming days: 1Q-10QSB and TPL’s filing of an amended complaint due on 10/24/05.