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Technology Stocks : EDTA (was GIFT)
EDTA 0.000200+300.1%Mar 7 3:00 PM EST

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To: GRC who wrote (1445)10/10/1997 1:45:00 PM
From: Mel Spivak   of 2383
 
This is a "must read" from Mr F:

GIFT's now former CEO puts things in perspective:

This is an email to me questioning Mr F as to whether
he shared his vision for E-Data with the new CEO who
seems to be looking for paths of exploitation of the
patent.

------------------------------------------------------------
Prodigy Mail: Personal Message 10/10/1997
------------------------------------------------------------
From: Arnold Freilich
Subject: Re: My resignation
Sent On: 10/10 10:52 AM ET

To: MR MEL SPIVAK <BBMA35F@prodigy.com>
Subject: Re: My resignation

At this point the time frame for completion of the Markman Trial is
totally in the hands of the Judge. The next step appears to be a
conference (most likely telephonic) during which the subject will be
setting the date for the actual trial. All of the pre-trial motions
relating to the patent's claims are filed.

Exactly when will that hearing take place? Again, it's totally up to
the Judge, but I don't believe it's far off. The trial date will be set based upon fitting it into the Court calendar. Therefore, what would appear to be very important there is an approximation by all parties as to how much time will be necessary. At this time, we're probably no more than several months away (1st Q 1998?).

I too believe that E-data will win. We likely won't win every point,
but in my opinion, on balance, the patent's claims will be interpreted
in our favor.

When that occurs, there will be plenty of business opportunities for
E-data. When you have business opportunities combined with the money to succeed at them, it is not difficult to attract strong & experienced management.

Additionally, please don't count Grant Robertson out. (Mel's Comment- by saying "groping for direction" I was just surprised that he did not have the direction that I knew Mr F had) He has been a
part of senior management at several major companies as well as CEO of
Avedas, the company that originally purchased the patent from Dr.
Freeny. Grant led an Avedas subsidiary in a pioneering effort in
electronic distribution in Europe in the late 1980's and early 1990's.
Unfortunately, those efforts were too early - before e-distribution and its technologies were ready for acceptance. He is very familiar with a good deal of the activity in e-distribution today and into the future.

Thanks for your kind words. By the way, if you are aware of people who are willing to invest in the second round of a successful start-up
venture that will one day be public, please have them contact me.

Arnold Freilich

Mel's comment: Mr F is involved in a flat screen display co w superior technology. His e-mail address is AFREILICH@QFTV.COM

MR MEL SPIVAK wrote:
>
> Arnie, Mr Robertson seems to be groping for direction with of how
> to exploit the patent after a positive result in court. I liked
> your ideas "at the source of ..." I am sorry that you are not at the
> helm. Have you not shared your ideas with him? I appreciate your
> imput. Mel

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