In Re: Ed Snyder (and Project Stockholm)
<< He speaks on behalf of Charter Equity, which he co-founded, and where he serves his pearls before the trader swine. One well placed business tort lawsuit could ruin his self-interested day. >>
Do you think that a business tort lawsuit is in order for giving Steve Altman's Project Stockholm fantasy the disrespect it so richly deserves? As reported by Jennifer Davies in the San Diego Union Tribune, the day after last time Steve mentioned Project Stockholm (9 tines) ...
While Snyder agreed that those wireless giants were working hard to undercut Qualcomm's patent position, he laughed at the use of the term Project Stockholm. “Yeah, it's a super-secret society,” he joked, “and the only reason to gather is to stick pins in a Paul Jacobs doll.”
signonsandiego.com
Steve seems to be fast becoming the Rodney Dangerfield of corporate executives. After all that effort to introduce Project Stockholm into the common lexicon replete with the negative connotations it was obviously meant to conjure, Jennifer was the only journalist I'm aware of that picked up on it. Other than the sound-byte from Ed, the only financial analyst I'm aware of that alluded to it was QUALCOMM's main man in San Francisco, and actually what he wrote was both creative and humorous and it captured exactly what I suspect Altman wanted someone to capture ...
Somewhere in Northern Europe, in a windowless room two floors below a snow-covered tundra, we think the members of Project Stockholm maintain a war room. If you pass the retinal scan and get through the blast door, you will probably find a dimly-lit, poorly-furnished room lined with flat panel TVs tuned to CNBC and Bloomberg 24 hours a day. The blearyeyed functionaries are likely monitoring day-to-day activities of the group, coordinating lawsuits, ‘academic studies’, press releases, third party data reports, regulatory investigations and trash pick-up schedules in San Diego. Does this room really exist? We do not know. ... <big snip> ... How is this going to end? The bleary-eyed functionaries in that windowless room could probably tell you, but then they would have to kill you.
Message 23246928
Do you think that Ed is possibly a Project Stockholm agent? The Project Stockholm Group's man in Las Vegas?
Cheers,
- Eric - |