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Technology Stocks : CFM Technologies Inc. (CFMT)

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To: Duker who wrote (578)11/10/1999 5:57:00 AM
From: Duker  Read Replies (1) of 721
 
SemiBull,

ON STEAG'S RESPONSE:

In my opinion, Johannes B. of Steag admitted that the company was basically up against a wall after this ruling when he 'went macro' -- talking about how this ruling hurts all US IC, wafer and disk manufacturers (for you plaintiff attorneys, don't get any ideas about forming a class ... though I have used multiple parties and the word "hurts" in one sentence).

That is always a clumsy defense. Every US consumer would benefit if every market from which they bought was perfectly competitive (and, you could argue that, without IP, a bunch of markets would regress/gravitate toward that state).

Unfortunately, capitalism could never flourish in such a system; allocating capital would be almost a wasted exercise. In the end, what would one consume and with what would he pay?

I can not say whether he was quoted properly or out-of-context, but it does sound a bit desperate.

"... but, every now and then we do get desperate." [Boston Garden/Cobo Hall, Detroit, November 1975 -- P.Wolf, T.J.G.B.]

--Duker
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